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Source:	Associated Press
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NEW ALBANY, Ohio_Health insurer Aetna Inc. said Tuesday it will hire 245 people as it expands to support new business at a facility in New Albany, Ohio.

Hiring will start in July, the company said. Aetna had 35,500 employees at the end of 2008, but said in December it would cut 1,000 jobs, or around 3 percent of its work force.

About 1,000 people already work at the New Albany facility, and Aetna said it will expand capacity to accommodate the new hires.

The Hartford, Conn.-based company is the third-largest U.S. health insurer based on enrollment. In afternoon trading, Aetna shares rose $1.16, or 4.7 percent, to $25.93.