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medical costs

File photo of a doctor wearing a stethoscope. (Photo by Joe Raedle/Getty Images)

Aetna 4Q Profit Sinks 49 Percent, Medical Costs Climb

Aetna’s fourth-quarter net income sank 49 percent as higher medical costs squeezed profitability for the insurer’s commercial health coverage, and several one-time expenses chipped away at the bottom line.

01/31/2013