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Anthem Q2 income rises 18%, beats estimates
USA Today

Health insurance provider Anthem said Wednesday its second quarter net income rose 18% to $859.1 million as medical enrollment by new members surged.

After adjusting for some items, earnings per share totaled $3.10, beating analysts’ estimate of $2.74.

Operating revenue increased 8.4% to $19.8 billion, reflecting “premium increases to cover overall cost trends” and higher enrollment in the Medicaid and commercial self-funded insurance businesses, Anthem said.

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