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.
Online Justice News Flash Legal News Distribution - JusticeNewsFlash.com
Address: 215 South Olive Suite 300 W. Palm Beach FL 33401
Other News / Press Releases
- Gambler files suit against Las Vegas casino after drunken $500,000 loss
- Legal expenses of man accused of Boston bombing cover-up to be paid by U.S.
- Man receives 4-year sentence in death of Usher’s stepson
- Trainer pleads guilty in violent Jewish divorce plot
- Duke issued immediate order to stop coal plant groundwater pollution
- Kentucky coal miners claim harassment after raising safety concerns
- Clinton criticizes Putin again following Hitler remark
- Comments made by Arkansas judge online investigated
- Massachusetts court rules in ‘upskirting’ case
- Judge approves child support cut for Beyonce’s father