Edition:
United Kingdom

Anthem To Transition Membership A Year Ahead Of Original Plans With Accelerated PBM Launch


Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Anthem Inc ::ANTHEM CEO SAYS PERFORMANCE IN GOVERNMENT BUSINESS NORMALIZED IN Q4 - CONF. CALL.ANTHEM CEO SAYS CO HAS BEEN WORKING CLOSELY WITH CVS TO PLAN EVERY DETAIL OF TRANSITION TO INGENIORX - CONF. CALL.ANTHEM CEO SAYS "WE HAVE COMPLETED MORE THAN 15 MONTHS OF PREPARATION AGAINST OUR TRANSITION GOAL"- CONF. CALL.ANTHEM SAYS 2019 EXPECTATIONS INCLUDE TOTAL MEMBERSHIP GROWTH OF 1.2 MILLION MEMBERS AT MIDPOINT OF GUIDANCE, INCLUDING YEAR-OVER-YEAR IMPROVEMENT IN COMMERCIAL GROUP FULLY INSURED SEGMENT - CONF. CALL.ANTHEM ESTIMATES MEDICARE ADVANTAGE GROWTH WILL EXCEED 2 PERCENT BY THE END OF 2019 - CONF. CALL.ANTHEM CFO EXPECTS TO MIGRATE SOME CUSTOMERS TO INGENIORX IN Q2, WITH MOST MOVING IN THE SECOND HALF OF 2020 AND Q1 OF 2020.ANTHEM SAYS ACCELERATED LAUNCH TO TRANSITION ALL MEMBERSHIP BY Q1 2020, A YEAR AHEAD OF ORIGINAL PLANS - CONF. CALL.ANTHEM SAYS GIVEN ACCELERATED INGENIORX LAUNCH, CO EXPECTS SLIGHTLY OVER HALF OF ADJUSTED EARNINGS IN FIRST HALF OF 2019- CONF. CALL.