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
- Mayor arrested on drug cartel extortion charges
- Former priest convicted in sex abuse case
- White supremacist charged in shooting deaths at Jewish community sites
- North Dakota abortion law overturned by federal judge
- US Airways investigates pornographic tweet sent after customer complaint
- Woman arrested after police attempt to return $50
- Mystery of 1971 disappearance of teens solved
- Phoenix woman ordered jailed over Clinton shoe throwing incident
- Veteran teacher fired after ordering ‘hit’ on student
- Woman accused of killing her newborns appears in court