Economy

Anthem enrollments drop but profits surge

By Kimberly Leonard
Published July 25, 2018 2:37pm ET
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Anthem enrollments drop but profits surge
FILE - In this Thursday, Feb. 5, 2015, file photo, a man walks past health insurer Anthem's corporate headquarters in Indianapolis. Anthem, one of the nation’s biggest health insurers, says it will not return to Ohio’s public insurance exchanges in 2018, a decision that could open more holes in the Affordable Care Act’s increasingly thin system for helping people buy coverage. | (AP Photo/Michael Conroy, File)

The strong economy contributed to health insurer Anthem losing Medicaid enrollees during the second quarter, company executives said Wednesday.

The fall in Medicaid enrollment, as well as in the Obamacare market, caused enrollment to fall by 888,000 people compared with the same time last year.

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Insurance Industry Medicare and Medicaid