Industry Bulletins | February 19, 2020
Anthem’s Medicare Advantage Enrollment Grew By 20% In 2019
In 2019, Anthem's Medicare Advantage enrollment grew by 20%, outpacing the market. According to Gail Boudreaux, chief executive officer of Anthem, Medicaid enrollment is expected to grow in 2020 by 400,000 people.
Medical enrollment as of the end of 2019 was 41 million members, a 2.7% increase from December 2018. The insurer’s government business increased by 854,000 due to growth in Medicaid and Medicare. Anthem’s commercial and specialty enrollment increased by 208,000.
Anthem also reported that its 2019 revenue grew 12.9% year over year to $103 billion, in part due to the . . .