Second-quarter net income at health insurer Aetna increased 17 percent, from $457.6 million in 2012 to $536 million this year.
Aetna's revenues for the second quarter totaled approximately $11.5 billion, a 31 percent year-over-year increase driven partly by the insurer's acquisition of Coventry Health Care. The Coventry merger was valued at $5.7 billion when announced in August 2012.
For the six months ended June 30, 2013, Aetna reported a net income of approximately $1 billion, a nearly 6 percent increase from $968.6 million in the first six months of 2012. Revenues for the first six months of 2013 totaled about $21.1 billion, an 18.7 percent increase from nearly $17.8 billion in the first six months of 2012.
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