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Advertisement Aetna Insurance Co. of North America Sectors As of the end of the second quarter of 2018, Aetna was operating in 40 countries and had $68.4 billion in 2018 net income, and $5.98 billion in 2017 net income, an increase of $0.52 billion or 10%. Net income per share was $1.86 in the second quarter of 2018, an increase of $0.13 per share compared with the same period in 2017. As a percentage of total revenues, net income was 14.6% in the second quarter of 2018, an increase of 1.0% compared with the second quarter of 2017. The Aetna 2017 Q2 consolidated net income of $5.98 billion was up from $5.55 billion in Q2 2016 and $5.04 billion in Q2 2015. In 2017, $13.46 billion was provided by the acquisition of the U.S. healthcare benefits businesses of Coventry Health Care. Net income was also $0.28 billion in the prior year, a $0.49 billion increase from 2016. Net income in 2017 was driven by a $0.56 billion benefit of the acquisition of the U.S. healthcare business of Coventry Health Care; foreign exchange gains; lower costs resulting from the acquisition; an $0.26 billion benefit of lower direct medical costs driven by the acquisition of the U.S. healthcare business of Coventry; and, an $0.11 billion benefit of reduced losses on the sale of certain assets. “Our second quarter 2018 results demonstrate that we are on a path to achieve our strategic priorities, including operational excellence and cost savings, while increasing the number of our customers who have access to quality, affordable healthcare,” said Kevin Sink, Aetna’s CEO. “Our strategy remains on track to deliver more than $10 billion in annual cost savings by the end of our transformation journey in 2022.” “At the same time, we continue to increase investments in our people and technology, so we can deliver the best value to our customers by expanding the number of customers with access to Aetna’s leading products, enhancing customer experiences, enhancing clinical quality, and providing more convenient access to services through e-commerce,” he added

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