LONDON, UK / ACCESSWIRE / September 19, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Anthem, Inc. (NYSE: ANTM), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=ANTM. The Company announced on September 15, 2017, that it plans to offer Obamacare health plans in 68 cities and counties in Virginia in 2018, covering the only remaining US counties that had no insurers offering the plans. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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Anthem Planned to Scale Back Individual Plan Offerings in Virginia in August

As per the news release, in August 2017, Anthem declared that it planned to reduce Individual plan offerings in Virginia on the public exchange under the Affordable Care Act (ACA, known colloquially as ?Obamacare') amid inaction by the Donald Trump White House on cost-sharing reduction subsidies.

Two other competitive insurers, Aetna Inc. and UnitedHealth Group Inc., have also exited the Obamacare market in most of the states where they sold Obamacare plans, citing the same reasons.

Anthem Declared to Reduce Individual Plan Offering in Nevada

Anthem announced in August 2017, that it will also reduce its 2018 Individual plan offerings in Nevada and will only offer an off-exchange catastrophic medical plan statewide. The Company reasoned that planning and pricing for ACA-compliant health plans has become increasingly difficult due to a shrinking and deteriorating individual market, as well as continual changes and uncertainty in federal operations, rules, and guidance.

Anthem also announced its plans to reduce or leave the ACA's public exchanges in Indiana, Wisconsin, Missouri, and Ohio for 2018.

Centene to Sell Marketplace Plans into New Counties in 2018

On the other hand, in July 2017, Centene Corp. decided to expand its marketplace footprint in 2018 by offering exchange plans in 40 counties in Missouri, including 25 that would have been bare of coverage due to other insurers leaving the market.

Anthem Filed to Revise its Individual Health Plan Offerings for 2018

Commenting on the decision, the spokesperson of Anthem mentioned in a press release:

"As a result of the ongoing discussions, today, Anthem filed to revise its Individual health plan offerings for 2018 to include both on- and off-exchange Individual plans in 68 cities and counties in Virginia. Sixty-three of these cities and counties would otherwise not have access to Individual market health plans. This decision will positively impact up to 70,000 Virginians, many of whom would not have had access to important health care coverage."

About ObamaCare Exchanges

The ObamaCare health insurance exchanges or ObamaCare Exchanges are online marketplaces for health insurance. People can purchase health insurance that complies with the Patient Protection and ACA at ACA health exchanges.

About Anthem Inc.

Anthem (formerly known as WellPoint, Inc) is the US second-largest health benefits Company offering a broad range of medical and specialty products. The Company's health plans deliver quality products and services that give their members access to the care they need. Anthem is headquartered in Indianapolis, United States.

Last Close Stock Review

Anthem's share price finished yesterday's trading session at $185.00, slightly down 0.85%. A total volume of 1.87 million shares have exchanged hands, which was higher than the 3-month average volume of 1.45 million shares. The Company's stock price skyrocketed 10.39% in the past six months and 47.39% in the previous twelve months. Additionally, the stock surged 28.68% since the start of the year. Shares of the Company have a PE ratio of 17.50 and have a dividend yield of 1.51%. The stock currently has a market cap of $48.62 billion.

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