Aetna reported second-quarter earnings on Thursday of $1.2 billion, or $3.67 per share. These numbers are comparable to the company’s earnings in the first quarter of 2018, and the CEO and CFO both called this performance “solid.”
In a press release, CEO and chairman Mark T. Bertolini credited his company’s performance with its commitment to “operational excellence and […] the people we serve.”
“Our strategy is focused on placing the consumer at the center of everything we do, and I am pleased with our progress toward building a simpler, more affordable and responsive healthcare experience for our members,” he added.
Medical membership totaled 22.1 million. Commercial membership fell below 4.0 million, continuing a trend the insurer has seen for years. However, enrollment in its ASC and Medicare products continues to rise. Other insurers, including Anthem and Humana, have also brought positive news about their Medicare markets this quarter.
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Due to its pending merger with CVS, the company did not hold a conference call, and it said it does not expect to do so in future quarters. In its cautionary statement, it acknowledged the uncertain fate of that deal by name.
The Department of Justice is currently weighing whether to allow the controversial deal to go through. Opponents say the merger would hinder competition, resulting in higher prices and lower-quality products for consumers.