While health insurer Anthem will likely remain in its Affordable Care Act exchanges this year, one analyst said it is probable the payer will exit the exchanges entirely in 2018, Bloomberg reports.
Goldman Sachs managed care analyst Matthew Borsch said Monday the investment firm decreased its estimate of Anthem's earnings per share 50 cents for next year to reflect possible losses on ACA exchanges. Mr. Borsch also said it is possible "that Anthem tells investors — as I think they will — that they will be getting out of the exchanges entirely for 2018."
Although Avalere Health Senior Vice President Caroline Pearson told Bloomberg Anthem has not announced exchange exits for 2018, the insurer's exit "would be a major blow to competition and beneficiary choice."
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