News Headlines Article

Anthem 4Q profit falls 64 pct, misses expectations
San Francisco Chronicle

Anthem’s fourth-quarter earnings tumbled 64 percent, as the Blue Cross Blue Shield insurer absorbed some sizeable one-time expenses but it stuck by previous its forecast for the year. The Indianapolis insurer also said Wednesday that continued gains in its government business, which includes Medicaid and Medicare coverage, helped counter tighter profitability in its commercial coverage, which includes benefits sold through employers and on the Affordable Care Act’s public insurance exchanges.