Cigna says Obamacare customer costs were higher than expected

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Cigna CorpCigna Corp Chief Financial Thomas McCarthy said on that medical claims were higher than expected from its new individual signed up through the exchanges created by Barack ’s healthcare reform . [eap_ad_2] McCarthy, speaking during a call investors, said the medical costs overall “continue reflect the recent medical utilization trend.”

Insurers typically benefit from medical use by its as they pay fewer claims. (Reuters)[eap_ad_3]