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Health insurer Aetna’s medical costs are low, boosting profit

Aetna Inc (AET.N), the third-largest U.S. health insurer, on Tuesday reported first-quarter profit that beat analyst expectations and said spending on medical claims in the first quarter remained low.

Aetna’s members increased 122,000 from the fourth quarter and said profits rose in its government and commercial business, the latter of which includes employer-based plans and individual healthcare created by the national healthcare reform law.