From Health Plan Week - Like any good party, this one had to come to an end. After more than a year of standout quarterly earnings that routinely trumped analyst expectations, Aetna Inc. on April 26 surprised investors by revealing that its first-quarter profit dropped 13% compared with the prior-year period due to an increase in its medical loss ratio (MLR) and the fact it didn’t record any gains on reserves set aside for prior-year claims. Analysts were disappointed by the results. “Not Good, Not Good at All” was the subject line in Cowen & Co. analyst Christine Arnold’s research note shortly after the results were… Read more