Mark Bertolini, CEO of Hartford, Conn.-based Aetna, said acquisitions are "not high on our list" as possible growth strategies for the payer's business lines, Reuters reports.
Mr. Bertolini made his comment during the UBS Global Healthcare Conference in New York City Monday. When questioned about his thoughts of Long Beach, Calif.-based Molina Healthcare, Mr. Bertolini declined direct comment. He noted Molina's central business is Medicaid and that there are proposed cuts to the program under the GOP's health law.
The comment arrives more than three months after Aetna and Louisville, Ky.-based Humana terminated their $37 billion merger agreement following a U.S. District Court's decision to block the proposed deal over antitrust concerns.