Mem­ber­ship gains in Medi­care and Med­i­caid bol­stered Aetna’s thirdquar­ter earn­ings, de­spite pres­sures from its busi­ness in the Af­ford­able Care Act ex­changes.

Modern Healthcare - - LATE NEWS -

Aetna also said it’s still con­fi­dent its ac­qui­si­tion of Hu­mana will close in 2017. Hart­ford, Conn.-based Aetna’s third-quar­ter net in­come rose 7.8% to $603.9 mil­lion com­pared with the same pe­riod in 2015. Aetna said it ex­pects to lose $350 mil­lion this year on in­di­vid­ual plans, val­i­dat­ing its de­ci­sion to pull out of most of the mar­ket­places. Molina Health­care like­wise re­ported worse-than-ex­pected re­sults from the ex­changes in the third quar­ter and saw im­prove­ments in its Med­i­caid plans.

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