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Aetna 4Q profit falls 15 percent on medical costs
San Francisco Chronicle - Tom Murphy, AP Business Writer

Aetna Inc. said its fourth-quarter profit fell 15 percent, as it continued to struggle with rising medical costs that hurt its performance throughout 2009. The Hartford, Conn., health insurer said Friday medical costs, its largest expense, climbed 14 percent to $6.1 billion in the three months that ended Dec. 31. That hit was partially offset by a 9 percent increase in premiums.

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