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Holly LaFon
Holly LaFon
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Jeff Auxier Comments on Anthem

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February 06, 2018 | About:
Anthem (NYSE:ANTM)’s three reportable segments all had operating revenue growth in the most recent quarter while cutting total expenses by 5%. After ongoing accusations of Express Scripts overcharging by billions of dollars, Anthem announced its plan to set up its own pharmacy benefits management unit called IngenioRx and secured a five-year agreement with CVS Health Corp. that will go into effect at the end of 2019.

From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2018 shareholder letter.

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