Apr
28
Aetna, More Bullish On Obamacare, Raises 2015 Profit Forecast
ByAetna AET +3.24% (AET) chief executive officer Mark Bertolini said he now expects public exchange business under the Affordable Care Act to be an “attractive growth opportunity” that can generate a reasonable return for investors.
In the past, Bertolini hasn’t been so bullish on the public exchanges, saying it was a break-even opportunity. But a boost in individual customers buying subsidized plans,disclosed on the company’s first-quarter earnings call this morning, left Aetna with 950,000 members in coverage purchased on public exchanges from 17 states.
“We had another highly successful open enrollment period,” Bertolini told analysts on a 45-minute call…
Aetna, More Bullish On Obamacare, Raises 2015 Profit Forecast
