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Anthem, Inc. (ANTM) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, December 31, 2019

Anthem, Inc.

CIK: 1156039 Ticker: ANTM

Exhibit 99.1

PRESS RELEASE

 

LOGO

ANTHEM REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS

REFLECTING SOLID PERFORMANCE

 

   

Fourth quarter net income was $3.62 per share, including net negative adjustment items of $0.26 per share. Adjusted net income was $3.88* per share.

 

   

Full year net income was $18.47 per share, including net negative adjustment items of $0.97 per share. Adjusted net income was $19.44* per share.

 

   

Fourth quarter operating revenue grew 16.4% year-over-year to $27.1 billion. Full year operating revenue grew 12.9% year-over-year to $103.1 billion.

 

   

Medical enrollment ended the year at 41 million lives, with growth of 1.1 million members year-to-date, driven by the risk-based businesses.

 

   

Full year 2020 GAAP net income is expected to be greater than $21.44 per share. Adjusted net income is expected to be greater than $22.30* per share, an increase of 14.7% versus 2019, including approximately $2.30 from the accelerated launch of IngenioRx.

 

   

Quarterly dividend increased by nearly 19% to $0.95 per share.

Indianapolis, Ind. – January 29, 2020 – Anthem, Inc. (NYSE: ANTM) reported fourth quarter and full year financial 2019 results that reflect double-digit top and bottom line growth and the successful launch of IngenioRx.

“Anthem delivered strong results to close out 2019 featuring the successful launch of IngenioRx, as well as our largest organic risk-based growth in more than a decade,” said Gail K. Boudreaux, President and CEO. “We have strong momentum moving into 2020 and we will continue to deliver on our commitments to all those we serve.”

 

*

Refer to the GAAP reconciliation tables on page 14.

 

1


The following information was filed by Anthem, Inc. (ANTM) on Wednesday, January 29, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Anthem, Inc.'s 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Income
Consolidated Statements Of Shareholders' Equity
Accumulated Other Comprehensive Income (Other Comprehensive Income (Loss) Reclassification Adjustments) (Details)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Reconciliation Of The Components Of Accumulated Other Comprehensive Loss) (Details)
Accumulated Other Comprehensive Loss (Tables)
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Income (Loss) Reclassification Adjustments (Details)
Basis Of Presentation And Significant Accounting Policies
Basis Of Presentation And Significant Accounting Policies (Details)
Basis Of Presentation And Significant Accounting Policies (Policy)
Business Acquisitions
Business Acquisitions (Narrative) (Details)
Capital Stock
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Capital Stock (Narrative) (Details)
Capital Stock (Nonvested Restricted Stock Activity Including Restricted Stock Units) (Details)
Capital Stock (Share Repurchases) (Details)
Capital Stock (Summary Of Stock Option Activity) (Details)
Capital Stock (Tables)
Capital Stock (Weighted-Average Assumptions Used To Estimate The Fair Value Of Options Granted) (Details)
Capital Stock (Weighted-Average Fair Values) (Details)
Commitments And Contingencies
Commitments And Contingencies (Details)
Debt
Debt (Carrying Value Of Long-Term Debt) (Details)
Debt (Convertible Debenture Terms) (Details)
Debt (Narrative) (Details)
Debt (Tables)
Derivative Financial Instruments
Derivative Financial Instruments (Effect Of Cash Flow Hedges On Financial Statements) (Details)
Derivative Financial Instruments (Effect Of Non-Hedging Derivatives On Income Statement And Included In Net Realized Gains (Losses) On Investments) (Details)
Derivative Financial Instruments (Narrative) (Details)
Derivative Financial Instruments (Notional Amounts, Balance Sheet Location And Estimated Fair Values Of Derivative Financial Instruments) (Details)
Derivative Financial Instruments (Summary Of Outstanding Fair Value Hedges) (Details)
Derivative Financial Instruments (Tables)
Derivative Financial Instruments Derivative Financial Instruments (Fair Value Hedges, Financial Position) (Details)
Derivative Financial Instruments Derivative Financial Instruments (Income Statement Relationship Of Fair Value And Cash Flow Hedging) (Details)
Earnings Per Share
Earnings Per Share (Denominator For Basic And Diluted Earnings Per Share) (Details)
Earnings Per Share (Narrative) (Details)
Earnings Per Share (Tables)
Fair Value
Fair Value (Carrying And Fair Value By Level Of Financial Instruments Not Recorded At Fair Value On Consolidated Balance Sheet) (Details)
Fair Value (Fair Value Measurements By Level For Assets Measured At Fair Value On A Recurring Basis) (Details)
Fair Value (Reconciliation Of The Beginning And Ending Balances Of Assets Measured At Fair Value On A Recurring Basis Using Level Iii Inputs) (Details)
Fair Value (Tables)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (Components Of Other Intangible Assets) (Details)
Goodwill And Other Intangible Assets (Narrative) (Details)
Goodwill And Other Intangible Assets (Summary Of The Change In The Carrying Amount Of Goodwill By Reportable Segment) (Details)
Goodwill And Other Intangible Assets (Tables)
Income Taxes
Income Taxes (Change In The Carrying Amount Of Gross Unrecognized Tax Benefits From Uncertain Tax Positions) (Details)
Income Taxes (Components Of Provision For Income Taxes) (Details)
Income Taxes (Narrative) (Details)
Income Taxes (Reconciliation Of Income Tax Expense Computed At The Statutory Federal Income Tax Rate) (Details)
Income Taxes (Tables)
Income Taxes(Components Of Deferred Income Taxes) (Details)
Investments
Investments (Aggregate Fair Value And Gross Unrealized Loss Of Fixed Maturity Securities And Equity Securities In An Unrealized Loss Position) (Details)
Investments (Amortized Cost And Fair Value Of Fixed Maturity Securities, By Contractual Maturity) (Details)
Investments (Current And Long-Term Equity Securities) (Details)
Investments (Current And Long-Term Investments, Available-For-Sale) (Details)
Investments (Gains And Losses Recognized On Equity Securities) (Details)
Investments (Major Categories Of Net Investment Income) (Details)
Investments (Narrative) (Details)
Investments (Net Realized Investment Gains/Losses And Net Change In Unrealized Appreciation/Depreciation On Investments) (Details)
Investments (Proceeds And Realized Gains And Losses From Fixed Maturity Securities) (Details)
Investments (Securities Lending Programs) (Details)
Investments (Tables)
Leases
Leases (Lease And Other Information) (Details)
Leases (Tables)
Leases Leases (Narrative) (Details)
Leases Leases (Reconciliation Of Future Lease Payments To Total Lease Liabilities) (Details)
Medical Claims Payable
Medical Claims Payable ((Favorable) Unfavorable Developments By Changes In Key Assumptions) (Details)
Medical Claims Payable (Incurred And Paid Claims Development, Net Of Reinsurance) (Details)
Medical Claims Payable (Narrative) (Details)
Medical Claims Payable (Reconciliation Of Net Incurred Medical Claims To Benefit Expense) (Details)
Medical Claims Payable (Reconciliation Of The Beginning And Ending Balances For Medical Claims Payable) (Details)
Medical Claims Payable (Reconciliation Of The Claims Development To The Claims Liability) (Details)
Medical Claims Payable (Tables)
Organization
Organization (Details)
Property And Equipment
Property And Equipment (Narrative) (Details)
Property And Equipment (Summary Of Property And Equipment) (Details)
Property And Equipment (Tables)
Reinsurance
Reinsurance (Effect Of Reinsurance On Benefit Expense) (Details)
Reinsurance (Effect Of Reinsurance On Certain Assets And Liabilities) (Details)
Reinsurance (Summary Of Direct, Assumed And Ceded Premiums Written And Earned) (Details)
Reinsurance (Summary Of Net Premiums Written And Earned By Segment) (Details)
Reinsurance (Tables)
Related Party Transactions
Related Party Transactions (Details)
Retirement Benefits
Retirement Benefits (Changes In Fair Value Of Plan Assets) (Details)
Retirement Benefits (Components Of Net Periodic Benefit Cost (Benefit Credit) (Details)
Retirement Benefits (Estimated Future Payments For Pension Benefits And Postretirement Benefits) (Details)
Retirement Benefits (Fair Values Of Pension Benefit Assets And Other Benefit Assets By Asset Category And Level Inputs) (Details)
Retirement Benefits (Narrative) (Details)
Retirement Benefits (Net Amount Included In Consolidated Balance Sheets) (Details)
Retirement Benefits (Net Amounts Included In Accumulated Other Comprehensive Loss That Have Not Been Recognized As Components Of Net Periodic Benefit Costs) (Details)
Retirement Benefits (Reconciliation Of The Beginning And Ending Balances Of Plan Assets Measured At Fair Value Using Level Iii Inputs) (Details)
Retirement Benefits (Reconciliation Of The Benefit Obligation) (Details)
Retirement Benefits (Tables)
Retirement Benefits (Weighted-Average Assumptions Used In Calculating Net Periodic Benefit Cost For All Plans) (Details)
Retirement Benefits (Weighted-Average Assumptions Used In Calculating The Benefit Obligations For All Plans) (Details)
Schedule Ii-Condensed Financial Information Of Registrant
Schedule Ii-Condensed Financial Information Of Registrant (Balance Sheets (Parenthetical)) (Details)
Schedule Ii-Condensed Financial Information Of Registrant (Balance Sheets) (Details)
Schedule Ii-Condensed Financial Information Of Registrant (Narrative) (Details)
Schedule Ii-Condensed Financial Information Of Registrant (Statement Of Cash Flows) (Details)
Schedule Ii-Condensed Financial Information Of Registrant (Statement Of Comprehensive Income) (Details)
Schedule Ii-Condensed Financial Information Of Registrant (Statements Of Income) (Details)
Segment Information
Segment Information (Financial Data By Reportable Segment) (Details)
Segment Information (Major Product Revenues) (Details)
Segment Information (Narrative) (Details)
Segment Information (Reconciliation Of Reportable Segment Operating Gain To Income From Continuing Operations Before Income Taxes In The Consolidated Statements Of Income) (Details)
Segment Information (Reconciliation Of Revenue From Reportable Segments To The Consolidated Statements Of Income) (Details)
Segment Information (Tables)
Selected Quarterly Financial Data
Selected Quarterly Financial Data (Details)
Selected Quarterly Financial Data (Tables)
Statutory Information
Statutory Information (Details)
Ticker: ANTM
CIK: 1156039
Form Type: 10-K Annual Report
Accession Number: 0001156039-20-000003
Submitted to the SEC: Wed Feb 19 2020 3:14:06 PM EST
Accepted by the SEC: Wed Feb 19 2020
Period: Tuesday, December 31, 2019
Industry: Hospital And Medical Service Plans

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