Deutsche Bank Reports Sanctions Lift On Aetna
According to Deutsche Bank, Aetna (NYSE: AET) announced today that the Centers for Medicaid and Medicaid Services (CMS) has lifted its marketing and enrollment sanctions against Aetna Medicare.
Deutsche Bank said that Aetna will be able to immediately resume marketing of its Medicare Advantage (MA) and Part D products and will be able to begin enrolling new members with effective dates beginning July 1, 2011. “However, Aetna will not receive any new low income subsidy assignees from CMS at this time.”
Aetna closed yesterday at $42.86.
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