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Medicaid

Aetna turns in better-than-expected 2Q, hikes forecast again

Aetna's second-quarter earnings jumped 33 percent and the health insurer raised its 2015 forecast again after receiving a boost from a government business it plans to feed with a roughly $35 billion acquisition. Aetna said Thursday that it gained members in both its Medicare and Medicaid businesses, and higher underwriting margins or improved profitability helped balance a jump in operating costs during the quarter. The nation's third-largest health insurer easily topped Wall Street expectations. The company also raised its 2015 forecast for the third time. It now expects full-year operating earnings of at least $7.40 per share. That's up from a range of $7.20 to $7.40...

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