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Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 46 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, workers’ compensation administrative services and health information technology products and services. Aetna’s 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.

Aetna Reports Third-Quarter 2017 Results
Oct 31 2017

HARTFORD, Conn.–(BUSINESS WIRE)–Aetna (NYSE: AET) announced third-quarter 2017 net income(1) of $838 million, or $2.52 per share. Adjusted earnings(2) for third-quarter 2017 were $814 million, or $2.45 per share. Aetna’s strong third-quarter performance resulted in net income of $1.7 billion and adjusted earnings of $2.9 billion for the nine months ended September 30, 2017.

“Our third-quarter results are a continuation of our momentum from the first half of the year,” said Mark T. Bertolini, Aetna chairman and CEO. “Our tireless focus on service and quality are evident in the recently released 2018 Medicare Star Ratings. For the third year in a row Aetna has the leading position among publicly-traded companies with the highest percentage of members in plans rated four stars or higher.”

“The strength of our core business fundamentals in the third-quarter was driven by disciplined pricing, moderate medical cost trend and focused execution,” said Shawn M. Guertin, Aetna executive vice president and CFO. “We are once again increasing our full year 2017 earnings projections to reflect the continued strength of our operating results year to date.”

Copyright  2017