Becker's Healthcare November 5, 2020
Some of the nation’s largest for-profit health insurers saw their earnings continue to climb as medical services were deferred due to COVID-19, while others saw medical utilization and other expenses hamper results after a lucrative second quarter.
Here are third-quarter results for Anthem, Cigna, Humana and UnitedHealth:
1. Anthem‘s total revenue grew 16.8 percent in the three months ended Sept. 30 compared to the same period a year prior, from $26.7 billion to $31.2 billion. Anthem ended the quarter with a $222 million profit, down 81.2 percent from the $1.2 billion it posted in the same period a year prior.
2. Cigna recorded total revenues of $41 billion for the three months ended Sept. 30, up...
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