FILE PHOTO: The office building of health insurer Anthem is seen in Los Angeles, California February 5, 2015. REUTERS/Gus Ruelas
(Reuters) – Anthem Inc (ANTM.N) reported an 8% rise in second-quarter profit on Wednesday as the U.S. health insurer benefited from higher sales of its government-backed health plans.
Net income rose to $1.14 billion, or $4.36 per share, in the quarter ended June 30, from $1.05 billion, or $3.98 per share, a year earlier.
Total revenue rose to $25.47 billion from $22.94 billion.
Reporting by Tamara Mathias and Manojna Maddipatla in Bengaluru; Editing by Tomasz Janowski and Arun Koyyur