As health-care costs skyrocket, the ranks of uninsured Americans are growing at their fastest rate ever. A new report from the Center on Budget and Policy Priorities finds that 50.7 million people, or 16.7% of the population, h…
Insurance giant Aetna (AET) reported a 63% jump in earnings per share for the third quarter.
The company reported earnings per share of $1.19, up from 73 cents per share a year earlier, Aetna said in a statement.
The company attributed the jump in earnings to a higher commercial underwriting margin. Revenue dropped 3% from a year earlier to $8.46 billion.
“Aetna’s third-quarter…
Continue reading Aetna Earnings Per Share Jump 63%
Aetna Earnings Per Share Jump 63% originally appeared on DailyFinance on Wed, 03 Nov 2010 06:53:00.
Filed Under: Health Care, Earnings, Insurance
Blue Cross Blue Shield of Michigan has been sued by the U.S. Justice Department for what regulators say are actions by the insurer that boost both hospital and consumer costs while stifling competition.
Continu…