Aetna sees fourth-quarter earning fall amid suit settlement
01/30/2013 // West Palm Beach , Florida, US // JusticeNewsFlash // Justice News Flash // (press release)
Hartford – Managed health care company Aetna has reported a fourth-quarter earnings decline. As reported by Reuters, the company’s earnings were stated to have fallen amid rising costs and a legal settlement related to payment practices for out-of-network healthcare.
Aetna is one of the several insurance providers expected to be impacted by the 2010 Patient Protection and Affordable Care Act, which implements several changes in the way insurance companies operate. Included in the changes is a requirement that policies include an increase in preventable services at no cost and access to healthcare for every American.
Aetna has stated that it anticipates profit growth for this year. The company reportedly ended with 18.2 million members in the fourth quarter.
Justice News Flash delivers the latest in Connecticut business law news.
Address: 215 South Olive Suite 300 W. Palm Beach FL 33401
Other News / Press Releases
- Iraqi Christians ordered by Islamic State to convert
- Missing Marine wife may have been shot, warrant suggests
- Rain halts exhumation of bodies of teenage girls allegedly raped
- Attorneys for restaurant say former mayor should disclose medical details
- Many express confusion over Indiana bicycle laws
- Child migrant surge changes tone of immigration debate
- Casey Kasem’s daughter seeks autopsy in father’s death
- Gay marriage ban void upheld by federal court
- Yellowstone sites closed after hot spot melts road
- Judge allows tenant additional time at ‘Real Housewives’ couples’ home