Seeking Alpha
 

Anthem, Inc. (ANTM)

- NYSE
  • Apr. 30, 2014, 9:38 AM
    • Operating revenue: $17.6B (+1.2%).
    • Net income: $701M (-20.8%), EPS: $2.40 (-17%).
    • CF Ops: $1.4B (+46.3%).
    • Benefit expense ratio: 82.7% (-1%) due to an improvement in the Medicaid business.
    • Total membership: 36.9M (+1.3M from 12/31/13).
    • Q2 declared dividend: $0.4375/share.
    • Updated 2014 guidance:
    • EPS: $8.50+ on operating revenues of $73.5B+.
    • CF Ops: $2.4B+.
    • Membership: 39.95M - 37.05M.
    • Benefit expense ratio: 83.4% - 84%.
    • (WLP +5.3%)
    | Comment!
  • Apr. 30, 2014, 6:01 AM
    • WellPoint, Inc. (WLP): Q1 EPS of $2.30 beats by $0.17.
    • Revenue of $17.64B (+1.2% Y/Y) misses by $320M.
    • Press Release
    | Comment!
  • Apr. 18, 2014, 4:03 AM
    • Eight million people have enrolled for health insurance under Obamacare, President Obama said yesterday, easily surpassing earlier projections by the Congressional Budget Office for 6-7M signups by the end of March.
    • The high number of enrollments was achieved despite the technical problems that the online exchanges suffered, particularly when the Affordable Care Act was launched last year.
    • Around 35% of those who purchased coverage were people under 35, who are thought to be less likely need to treatment and so can help balance the cost of claims for those who need care.
    • However, Obama didn't provide details about the number of enrollees who already had insurance before Obamacare was introduced.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP,
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 127 Comments
  • Apr. 17, 2014, 7:41 AM
    • In response to insurers' reticence over covering behavioral interventions, California tightens its rules over insurance coverage for autism to improve access to treatment. Now, coverage must be on par with doctor visits despite the fact that most therapies are administered by non-M.D.'s.
    • (AET) (HNT) (HUM) (UNH) (WLP) (MOH) (CI)
    | Comment!
  • Apr. 11, 2014, 4:01 AM
    • The White House has confirmed that Health & Human Services Secretary Kathleen Sebelius is resigning and will be replaced by Sylvia Burwell, the director of the Office of Management & Budget, assuming the latter is confirmed by the Senate.
    • Sebelius' departure comes after she said in October that she should be held "accountable for the debacle" of the launch of Obamacare, although the program did reach the government's target of 7M sign-ups by the end of March. She said yesterday that at least 7.5M people have enrolled.
    • One of Burwell's first challenges will be to work with health insurers as they set prices for Obamacare plans in 2015, which industry executives have warned could rise sharply.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MO
    • Hospital operators: HCA, CYH, THC, UHS, HMA, LPNT
    • Pharmacies: WAG, CVS, BIOS, RAD, MHS, PMC, OCR
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 24 Comments
  • Apr. 9, 2014, 7:47 AM
    • People who bought Obamacare coverage early were more likely to receive treatments for pain, depression and HIV, a study by Express Scripts (ESRX) shows.
    • The data indicates that the early enrollees have more serious health problems and are older than people with employee plans.
    • However, the report doesn't cover those who signed up later, who tended to be younger and presumably healthier, according to anecdotal evidence.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MO
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 11 Comments
  • Apr. 4, 2014, 8:06 AM
    • New York joins 12 other states restricting out-of-network heath care providers from billing patients for the difference between their charges and the insurer's reimbursement.
    • This happens most frequently in emergency cases where patients are unable to choose their doctors.
    • The Affordable Care Act doesn't address this specific problem but stipulates network adequacy requirements so patients have a greater probability of having a network clinician treat them.
    • The problem is complex due to the wide range of reimbursement rates.
    • (AET) (HNT) (HUM) (UNH) (WLP) (MOH) (CI) (WCG)
    | 1 Comment
  • Apr. 2, 2014, 3:16 AM
    • The government has met its goal for signing up 7M people for Obamacare by the end of March, with at least 7.1M people enrolling despite the technical chaos that accompanied the launch of the policy last year and then on Monday.
    • The number could rise further, as people finish the process even though the latest deadline has passed, and it doesn't include complete final-day figures from state exchanges.
    • Critics of the Affordable Care Act say key information is missing, such as how many people have paid premiums, how many already had insurance, and which plans have been bought.
    • Health insurers fear that they will have to sharply raise premiums for 2015 and beyond, as they haven't signed up enough young and healthy people who are less likely to need care.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MOH
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 4 Comments
  • Apr. 1, 2014, 8:57 AM
    • The government's HealthCare.gov received over 4.8M visitors yesterday while the telephone center took 2M calls as people rushed to sign up for Obamacare health coverage ahead of last night's deadline.
    • However, the enrollment process was again mired in chaos, as the Web site went down at least twice and was out for several hours.
    • Those who started the enrollment process but didn't complete it will be allowed to do so, providing more uncertainty for health insurers.
    • With 6M people having bought coverage by last week, the government could reach its target of signing up 7M people by around this point in the process.
    • However, an estimated 45M Americans still remain uncovered.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MOH
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 12 Comments
  • Mar. 31, 2014, 2:24 AM
    • Two million people visited the government's HealthCare.gov Web site ahead of tonight's deadline to sign up for Obamacare coverage for 2015. Those who don't could face penalties of up to 1% of their annual income.
    • Around 6M had enrolled as of March 27 - although not necessarily paid - meaning that the White House could reach its original goal of signing up 7M to Obamacare by the end of today.
    • Last week, the government extended the deadline, saying it would enroll anybody who began the process before witching hour tonight.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MOH
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 2 Comments
  • Mar. 28, 2014, 5:37 PM
    | 1 Comment
  • Mar. 25, 2014, 8:14 AM
    • A number of states that operate health-insurance exchanges could allow consumers to buy coverage for 2014 after next Monday's deadline.
    • Part of the reason is that some states are sill suffering technical problems, including Nevada and Oregon.
    • The new extensions would follow the massive delays and technical problems that hit the launch of Obamacare late last year.
    • The federal government hasn't yet said whether those purchasing plans on its Web site will receive more time.
    • Consumers who don't buy coverage for next year face fines of $95 or 1% of their incomes.
    • Meanwhile, insurers around the country are on a drive to sign people up.
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MOH
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 1 Comment
  • Mar. 25, 2014, 3:15 AM
    • The U.S. Court of Appeals in Washington is set to hear arguments today that Obamacare subsidies in the 36 states that haven't set up their own exchanges are illegal.
    • Plaintiff arguments hinge on the meaning of a directive that subsidies should go to income-qualified people enrolled in exchanges "established by the state."
    • So far judges have ruled that the federal government can provide subsidies to exchanges not created by individual states.
    • Still, if the government loses, says Ron Pollack of advocacy group Families USA, "the effort to expand insurance coverage in the vast majority of the states would pretty much be halted."
    • More on Obamacare
    • Health insurers: AET, HNT, HUM, UNH, WLP, MOH
    • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS
    | 1 Comment
  • Mar. 24, 2014, 7:27 PM
    | 30 Comments
  • Mar. 21, 2014, 7:10 AM
    • Citing an expected increase in enrollment of 1M - 1.3M new members, Wellpoint (WLP) raises its net income projection to $8.20/share from $8.00.
    • Consensus earnings estimate for 2014 is $8.38/share on revenues of $73.7B.
    • 2015's consensus is $8.99/share on revenues of $79.1B.
    • 1507 mutual funds have positions.
    | Comment!
  • Mar. 19, 2014, 8:33 AM
    • WellPoint (WLP) unit CareMore is teaming up with Atlanta non-profit Emory Healthcare to overhaul the care of the latter's private-plan Medicare patients, whether they be covered by WellPoint services or those of other insurers.
    • CareMore execs will help manage the joint operation, which will start with a focus on around 7,500 patients, while Emory will use a version of CareMore's clinical model.
    • The tie-up is part of WellPoint's strategy to work more closely with healthcare providers, and the company will look at acquisitions to further this aim. It's an area that UnitedHealth and Aetna see as one for growth as well.
    | Comment!
Visit Seeking Alpha's
ANTM vs. ETF Alternatives
Company Description
Anthem Incis a health benefits company which offers a spectrum of network-based managed care plans to the large and small employer, individual, Medicaid andMedicaremarkets.
Sector: Healthcare
Country: United States