Emily Berry

Aetna to Increase Profits by Dropping Members

The Lund Report
Through premium increases, Aetna realizes it will lose 600,000 members, but that's okay

Originally at Amednews.com
December 16, 2009 -- Back when it was the largest private health plan in the country, Aetna downsized its membership by millions but boosted profits during an overhaul of its business several years ago.

Now it looks to be making a similar -- but smaller -- move with a planned price increase for many of its customers in 2010.

The company figures it will lose between 600,000 and 650,000 members next year because of the price hikes.

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