National health insurer Anthem reported higher profit in the second quarter of 2018 after raising premiums and keeping medical costs in check.
The Indianapolis-based insurer reported net income of $1.1 billion on revenues of $22.9 billion in the three months ended June 30. During the same quarter in 2017, Anthem reported profit of $855.3 million on revenues of $22.4 billion.
Profit increased 23.2% over the prior year quarter, while revenue was up 2.4%.
