Aetna, Cigna and UnitedHealth Group experienced a year-over-year increase in their third-quarter profits, while WellPoint and Humana saw a drop in net income.
1. Third-quarter net earnings at health insurer UnitedHealth Group increased by 0.8 percent, from approximately $1.56 billion in 2012 to $1.57 billion this year.
2. Third-quarter net income at WellPoint declined by 5.1 percent, from $691.2 million in the third quarter of 2012 to $656.2 million this year.
3. Aetna saw its third-quarter income go up by nearly 4 percent, from $499.2 million in 2012 to $518.6 million this year.
4. Humana reported a net income of $368 million for the third quarter, a 13.6 percent decrease from $426 million in the third quarter of 2012.
5. Cigna‘s profits went up by nearly 19 percent compared to the third quarter of 2012, totaling $553 million from about $8 billion in total revenue.
More Articles on Health Insurers:
Cigna Q3 Profit Up 19%
Aetna Q3 Net Income Rises 4%
WellPoint Q3 Net Income Down 5.1%
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