(Bloomberg) — Anthem Inc., the second-biggest U.S. health insurer by market capitalization, said profit will rise this year on growing enrollment of new customers.
Adjusted net income will be greater than $9.70 a share this year, the Indianapolis-based company said today in a statement. Anthem had 2014 adjusted earnings per share of $8.85. Revenue will probably be $78 billion to $78.5 billion, the company said, missing the average analyst estimate of $79.2 billion.
U.S. health insurers are adding customers as people buy insurance through the Patient Protection and Affordable Care Act, the 2010 law that requires all Americans to have health insurance and provides subsidies and online shopping markets for them to do so.
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