⁍ ANTHEM: COVID-19 RELATED COSTS EXPECTED TO PERSIST THROUGH THE BALANCE of 2020.
⁍ ANTHEM ON 2021 OUTLOOK: THERE IS MORE UNCERTAINTY NORMAL.
– The Wall Street Journal is out with a front-page story on Anthem’s third-quarter earnings, which showed the health insurer taking a $600 million write-down on the value of its Anthem Blue Cross and Blue Shield business. It’s not the first time the story has appeared in the Journal, but this time it has a front-pager of its own. The story is headlined “Anthem’s 3rd-quarter earnings fall as ObamaCare costs rise,” and it includes this line: “Anthem’s third-quarter profit fell as the company recorded a $600 million pretax write-down on the value of its Anthem Blue Cross and Blue Shield business.” The story also includes this line: “Anthem’s third-quarter profit fell as the company recorded a $600 million pretax write-down on the value of its Anthem Blue Cross and Blue Shield business.”
Source: https://www.reuters.com/article/brief-anthem-says-covid-19-related-costs/brief-anthem-says-covid-19-related-costs-expected-to-persist-through-the-balance-of-2020-idUSFWN2HJ1BJ