Q3 2020 Highlights:

  • Operating Revenues was $30.6 Billion, 15.9% Growth over the prior year driven by higher premium revenue due to growth in Medicaid and Medicare
  • Benefit expense ratio was 86.8% in the third quarter, a decrease of 40 basis points from 87.2% compared to prior year Q3 Anthem explains the decrease was a result of deferred healthcare utilization due to COVID-19 and the return of the health insurance tax in 2020.
  • Overall medical membership totaled approximately 42.6 million members at the end of 3Q 2020, a 0.4% increase compared to June 30, 2020.

Medicare Supplement lives in Q3 increased by 12,000 lives compared to end of Q2 2020 and 40,000 compared to the prior year Q3.

Anthem 1

Medicare Advantage membership of 1,416,000 as of 9/30/2020, a 50,000 increase compared to the end of the Q2 2020 and  213,000.

Anthem 2


Questions?  Contact: Jason Yoo, Director of Market Research; Email: jyoo@csgactuarial.com; Phone: 855-861-8776 x1035