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Medicaid
Anthem is latest health insurer to beat profit expectations

Anthem's first-quarter earnings jumped 23 percent thanks in part to a spike in Medicaid enrollment, and it became the latest health insurer to raise its forecast for the year after breezing past Wall Street's expectations. The nation's second largest health insurer said Wednesday that its Medicaid enrollment jumped 25 percent to 5.6 million people compared with last year's quarter. That helped push total enrollment up more than 4 percent and above 38.5 million people. Medicaid is the state-federal program that covers the poor and those over 65. States hire insurers to administer the coverage, which has been growing as the federal health care overhaul expands...

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