Anthem Inc (ANTM.N)
13 Sep 2019
Wed, Jul 24 2019
Anthem Inc shares fell as much as 4% on Wednesday after the U.S. health insurer missed Wall Street expectations for a key medical cost gauge as a result of higher costs of selling Medicaid health plans for low-income customers.
July 24 Anthem Inc on Wednesday said medical costs were higher than expected in its Medicaid business that sells health plans for low-income customers, and the health insurer's shares fell nearly 5%.
July 24 Anthem Inc reported an 8% rise in second-quarter profit on Wednesday as the U.S. health insurer benefited from higher sales of its government-backed health plans.
Anthem Inc on Wednesday posted a better-than-expected quarterly profit and laid out its plans to transition most customers to its revamped pharmacy benefits business this year.
* Co to move most members to IngenioRx in second half of 2019
April 24 Health insurer Anthem Inc reported an 18.2 percent rise in quarterly profit on Wednesday, as revenue from its commercial and government businesses rose.