Anthem Expects Exchange Plans To Capture 20% Of Lost Medicaid Enrollees

Anthem officials tell investors they now expect Medicaid redeterminations to restart in late summer and they expect to recapture about 20% of their Medicaid enrollees in exchange products. Officials also say that while costs were higher than normal for the quarter, costs related to COVID and the new mandate to cover in-home tests were lower than expected and there are no signs that consumers are stockpiling products or otherwise abusing the mandate as feared. Anthem, which recently proposed to change...