Ren Elder Appointed Head of Pharmacy for Aetna

HARTFORD, Conn.--(BUSINESS WIRE)--

Aetna (NYSE: AET) announced today that Ren Elder has been appointed head of Pharmacy for Aetna, Inc. In this role, Elder will have responsibility for Aetnas Pharmacy business including Specialty Pharmacy Disease Management and Aetna Rx Home Delivery. Elder will help to further develop Aetnas Pharmacy Benefit Management integrated capabilities as well as manage Aetnas strategic agreement with CVS Caremark.

Elder joins Aetna from WellPoint, Inc., where he served as the President of NextRx, WellPoints pharmacy business. In that role, he oversaw mail order delivery and specialty pharmacy facilities. He also was responsible for the companys retail pharmacy network relationships.

We are thrilled to have Ren join Aetna at such an important time for our company and our health care system, said Jeff Emerson, head of Aetna Health Care Management. Our integrated pharmacy benefits can assist our members in safely taking their medications, helping them live safer, healthier lives. Rens leadership will help to further our work to achieve these goals.

The opportunity to join a Pharmacy team that already has a successful track record of providing high-quality care is exciting, said Elder. Aetna is committed to improving the way health care is delivered. I look forward to working with the team; growing the business and helping customers manage the health of their employees and their health care costs.

Elder began his career at Lovelace Health Care, located in Albuquerque, NM as a staff Pharmacist. He rose through the ranks at Lovelace, eventually taking on the role of Director of Pharmacy. In 1992 Elder joined Diversified, a division of United Health Care, as Senior Manager of Clinical Programs. Following his service at United, Elder spent ten years at PCS (now part of CVS Caremark) culminating his career there as Senior Vice President, Underwriting and Pharmacy Network Strategies.

Elder is a registered pharmacist, and holds a Masters of Business from the University of Phoenix.

Aetna currently serves 8.643 million pharmacy members and has a health care network of more than 1 million health care professionals.

About Aetna

Aetna is one of the nation's leading diversified health care benefits companies, serving approximately 36.1 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services and health information technology services. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see http://www.aetna.com.

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Ren Elder Appointed Head of Pharmacy for Aetna