Benzinga | Jul 21, 2021 06:05AM EDT

Anthem Sees FY21 Operating Revenue $137.1B, Premium Revenue $116.5B-$117.5B

ull Year 2021:

* GAAP net income is now expected to be greater than $24.89 per share, including approximately $0.61 per share of net unfavorable items. Excluding these items, adjusted net income is expected to be greater than $25.50* per share.

* Medical membership is now expected to be in the range of 44.8 - 45.3 million. Risk-based membership is now expected to be in the range of 19.3 - 19.6 million. Fee-based membership is expected to be in the range of 25.5 - 25.7 million.

* Operating revenue is now expected to be approximately $137.1 billion, including premium revenue of $116.5 billion - $117.5 billion.

* Operating cash flow is now expected to be greater than $5.8 billion.

* Investment income is now expected to be approximately $1.1 billion.

* Effective tax rate is now expected to be between 22.0 - 24.0%