- Entry
- $417.26
- Final
- $317.20 -24.0%
- Target
- $500.00
- Score
- -1.00
First time poster long time regaurd This was Anthem Bluecross Blueshield. They are now a conglomerate including pharmacy and specialty services through Carelon. The Bad: Recently they lost 1.5 million Medicaid enrollees due to an expiration of expanded eligibility from covid funds. (About 3% of total enrollment) And due to higher utilization of patients this quarter the expense ratio was 2.5% higher than normal. Even though revenue grew $1.5 billion, EPS took a big hit. $8.4 vs $9.7 ~ 20%. …
— ORIGINAL POST ·
ELV Elevance Health DD
· r/wallstreetbets
· Feb 5, 2025