ObamaCare Part Of 'Unprecedented' Bounty For Insurers, So Far

February 8, 2014 3:40 PM

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ObamaCare Part Of 'Unprecedented' Bounty For Insurers, So Far

Though some health insurers say they may lose money in the first year offering benefits under the Affordable Care Act, the biggest health plans remain committed to the program with at least one saying this week it will be part of an “unprecedented” amount of business to the industry.

A parade of fourth-quarter earnings from insurers including Aetna (AET), Cigna (CI) and Humana (HUM) this week is the latest indication health insurance companies are going to be able to manage the first year of risk from newly insured customers buying subsidized private health plans via government-...

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