If these numbers are based on 15%, then it is understandable why there is no Public Option. Fifteen percent of a whole lot of members is a lot of money.
The foundation of growth based in population: "If I had a penny for every birth in the USA over my lifetime, I would never have a financial problem in the world."
The foundation of growth based in population: "If I had a penny for every birth in the USA over my lifetime, I would never have a financial problem in the world."
Tue Apr 30, 2013 7:32am EDT
(Reuters) - Aetna Inc. (click here) forecast increases in medical customers and profit for 2013 and reported a 7 percent rise in first-quarter revenue due to higher premiums in the health insurer's Medicare and Medicaid businesses.
But the company said net income had fallen 4 percent to $490.1 million from a year earlier due to costs from its pending purchase of Medicare specialist Coventry Health Care Inc .
Excluding those costs and capital gains, earnings rose to $1.50 per share from $1.34. On that basis, analysts were expecting $1.39 per share, according to Thomson Reuters I/B/E/S.
Aetna said revenue increased to $9.54 billion and that operating expenses had fallen during the first quarter because of cost-cutting....
