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Aetna posts higher 2Q profit up 42 percent
San Francisco Chronicle

Health insurer Aetna Inc. says its second-quarter profit rose 42 percent, as the percentage of premiums the company spent on medical care fell versus a year ago.

The insurer said late Tuesday it earned $491 million, or $1.14 a share, in the three months ended June 30. That compares with net income of $346.6 million, or 77 cents a share, in the same period last year.