Aetna (CVS Health) — Ethics Grade D+
Aetna (CVS Health) receives an overall ethics grade of D+ (33/100) on CancelCo's corporate accountability database. Sector: Health Insurance. Market cap: Large Cap. Parent company: CVS Health.
Category scores
- labor: 40
- privacy: 15
- consumer: 8
- environment: 55
- humanRights: 30
Documented incidents (3)
- HIV status disclosure breach (high, 2023) — Settled for $17M after mailing letters with HIV medication information visible through envelope windows, outing 12,000 patients.
- Emergency room claim denials (high, 2022) — Implemented policy to retroactively deny ER claims if the diagnosis turned out to be non-emergent, even if symptoms warranted emergency care.
- Medical director never reviewed records (high, 2018) — Former medical director testified he never reviewed patients' medical records before denying coverage for treatments.
Documented good deeds
- Aetna Foundation health programs — Invested $160M in community health programs focused on racial equity and social determinants of health.
Ethical alternatives
- Kaiser Permanente — Non-profit integrated model aligned incentives to keep patients healthy rather than deny claims.