Aetna profit rises as medical costs stay low

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Aetna profit rises as medical costs stay low

By Caroline Humer (Reuters) - U.S. health insurer Aetna Inc reported higher quarterly profits on Tuesday as medical costs in its employer-based and commercial business remained low and it closed on its acquisition of Coventry Health Care. Aetna Chief Executive Mark Bertolini said he was "increasingly confident" the company would have higher operating earnings in 2014, but warned that Aetna expects lower growth in private Medicare, where the government has cut spending. ...

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