Aetna’s profits soar as company forecasts higher earnings due to GOP tax law

ㅤㅤAETNA’S PROFITS SOAR AS COMPANY FORECASTS HIGHER EARNINGS DUE TO GOP TAX LAWp30144719.jpg

ㅤ”The result was in part because of higher yields in its commercial and government businesses, meaning partnerships like Medicare and Medicaid.
ㅤAetna significantly scaled back its participation in the Obamacare exchanges for 2017 and withdrew completely in 2018.
ㅤFor 2018, Aetna reported it expects to increase gross adjusted earnings by about $800 million in 2018 because of the Republican tax bill signed into law by President Trump, which lowers the corporate tax rate.”

ㅤô¿ô …This is HUGE. Pehaps Aetna will make a complete come back to the Obamacare exchanges. Maybe even lower premiums. Wow !!


Full story at The Washington Examiner, image from washingtonexaminer(.com) – 1/30/18.

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