Thu Jul 31, 2014 9:22am EDT0 Comments Tweet Share this EmailPrint Related NewsCigna to sell individual exchange plans in three more U.S. states9:22am EDT Related Topics Health »
(Reuters) - Cigna Corp Chief Financial Officer Thomas McCarthy said on Thursday that medical claims were higher than expected from its new individual customers who signed up through the exchanges created by President Barack Obama's national healthcare reform law.
McCarthy, speaking during a conference call with investors, said the medical costs overall "continue to reflect the recent low medical utilization trend."
Insurers typically benefit from low medical use by its customers as they pay fewer claims.
(Reporting by Caroline Humer, Editing by Franklin Paul)FILED UNDER: Health Tweet this Link this Share this Digg this EmailPrintReprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/Comments (0)Be the first to comment on reuters.com. Add yours using the box above.
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