CVS to keep Aetna in Hartford


CVS struck its deal to buy Aetna last month, combining one of the nation's largest pharmacy benefits managers and pharmacy operators with one of its oldest health insurers, whose national business ranges from employer healthcare to government plans. Palombi said, not unlike the company's plans for Aetna's being centered in Hartford.

Palombi said that he and other CVS corporate executives met Thursday with Hartford Mayor Luke Bronin and other CT officials to discuss his company's intentions.

He said he would advocate for Hartford with CVS Health leaders "to build a strong working partnership".

Malloy took Friday's announcement by CVS as confirmation that CT is a "tremendous place to do business" with talented workers and a good quality of life.

The governor said his administration will work with CVS Health's leadership team "to ensure that their footprint in Hartford is maintained not only for the short-term, but in the long-run as well".

The announcement comes only days after it was reported that NY city officials pulled the plug on a $9.6 million incentive package to Aetna, which had pledged to move its headquarters from Hartford to Manhattan.

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But so far, Aetna has refused to confirm whether it's still committed to the NY move, and the city's announcement didn't change that stance.

Aetna traces its roots in Hartford to the 1800s.

"We had a preliminary agreement that still needed formal approval, and we can't get that approval if they can't positively affirm to us that the relocation is happening", said Stephanie Baez, a spokeswoman for the New York City Economic Development Corp. He also referred to Connecticut's continuing state budget woes.

Aetna appears to be staying in Hartford, according to the Hartford Courant.

In a written statement to HBJ Jan. 10, an Aetna spokesman had declined to comment on the published report other than to say all of the company's locations will be evaluated as part of the integration planning process with CVS. "I'll continue to monitor the companies' merger to make sure it's a positive step for CT patients and consumers". In a statement Wednesday night, the company said it didn't have anything else to add to that.