Aetna Inc. said revenue and profit rose in its latest quarter, but the insurer is still struggling with pressure in the Affordable Care Act business, which it will largely exit next year.
Revenue grew in Aetna's government business managing Medicare and Medicaid plans, which was partially offset by membership declines in commercial products. Profit rose on higher fees and other revenue in Aetna's core health-insurance business and lower general and administrative costs.
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