Subscribe to Axios Markets for the latest on the trade war's impact.


Anthem profited from ACA plans in 2017

Anthem's headquarters in Indianapolis
Anthem has exited several ACA marketplaces for 2018. Photo: Aaron P. Bernstein / Getty Images

Anthem's Affordable Care Act plans were "slightly profitable" in 2017, executives said Wednesday during a fourth-quarter investor call. The insurer ended the year with 1.3 million ACA members — 850,000 coming from the law's insurance exchanges.

Yes, but: Despite the ACA market profits, and Anthem's $3.8 billion in total 2017 earnings, the insurer decided to bail on many ACA marketplaces. Anthem now expects total individual-market enrollment will drop by 60% this year. Other insurers similarly profited from ACA plans in 2017.