(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.
Recommended For You
Anthem forecast that medical enrollment will climb to as many as 38.2 million customers this year, from 37.5 million in 2014. Last week, UnitedHealth Group Inc. said insurance membership under the law was increasing faster than expected.
Anthem's full-year adjusted earnings for 2014 were in line with an estimate the company gave on Jan. 13. Net income rose to $2.6 billion from $2.5 billion a year earlier.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
