The full-year adjusted net income outlook excludes net unfavorable items of $1.79 per share, according to the payer’s Jan. 10 filing with the Securities and Exchange Commission.
Anthem said the increase in adjusted net income primarily reflects a retroactive change in minimum medical-loss radio calculation under California’s Medicaid expansion. Anthem also reported it expects its 2016 year-end medical enrollment to total about 39.9 million, more than the company previously projected.
Anthem expects full-year 2016 net income to be approximately $9.21 per share.
More articles on payer issues:
Major North Dakota payers won’t cover medical marijuana
Minnesota health insurance exchange sees record-breaking enrollment
Regence BCBS teams up with intergenerational housing community
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
