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Aetna cuts full-year profit forecast
Hartford Courant, June 3, 2009
Aetna Inc. lowered its earnings forecast for 2009, partly blaming a continued trend of more expensive hospital claims that had worried investors when it was first disclosed in April. The reduced forecast also reflects Aetna's lowered projection of reimbursement it expects from the federal government for the company's Medicare health plan business.
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