Aetna Earnings Up on Growth in Medicare, Medicaid Plans

Aetna Inc,  which is in the process of buying rival Humana Inc, reported first-quarter operating earnings that topped analysts’ estimates as the health insurer added more members to its government plans. (Reuters)

Aetna has one of the largest numbers of members in the new marketplaces created by the Affordable Care Act, according to Bloomberg Intelligence. (Bloomberg)

Medicaid membership jumped 11% to 2.3 million, while Medicare Advantage membership grew 8.5% to 1.3 million. (Wall Street Journal)

Health insurance companies and their contracts with the government are benefitting largely due to an increasing number of states that have opted to expand Medicaid under the health law. (Forbes)

 

What is the Affordable Care Act?