Anthem Blames Rising MLR In 4Q on Flu Season, HIF

Anthem, Inc. continued to struggle with a higher-than-anticipated medical loss ratio (MLR) during the last quarter of 2019, and its earnings per share (EPS) guidance for 2020 fell short of what equities analysts were anticipating as the insurer reported fourth quarter and full-year 2019 results.

“Overall, the fourth quarter medical loss ratio was 89%, representing an increase of 220 basis points over the prior year, which, as expected was primarily driven by the one-year waiver of the health insurer fee,” Anthem Chief Financial Officer John Gallina said Jan. 29 during the company’s earnings conference call.

0 Comments
© 2024 MMIT
Freelance Reporter

Freelance Reporter Freelance Reporter

Related Posts

mental-health-patient
May 24

Digital Therapeutic Helps Kentucky WellCare Members With PTSD

READ MORE
healthcare
May 24

Under New Rule, DACA Recipients Can Sign Up for ACA Marketplaces in 2025

READ MORE
business-meeting
May 24

Medicaid MCOs Have ‘Quite A Lift’ to Meet New Access, Quality Rules

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today