Doctor on iPad

Anthem Blue Cross Still Sees Deferral Of Patient Care In Pandemic

Health insurer Anthem Wednesday said patients are still deferring healthcare treatments and procedures the large health insurer pays for amid the ongoing pandemic and spread of Covid-19.

Anthem chief executive officer Gail Boudreaux described a “broad-based deferral of normal healthcare utilization” in a call Wednesday morning to discuss the company’s third quarter earnings, which were $222 million for the period ended Sept. 30.

Anthem’s net income was down from $1.12 billion in the year-ago quarter due to various expenses including the $594 million cost of a major Blue Cross Blue Shield Association “litigation settlement accrual.”

Read more…