http://www.bloomberg.com/gadfly/articles/2016-07-27/anthem-earnings-the-good-the-bad-and-the-ugly?_hsenc=p2ANqtz-9r6DeQcVMyNnafhqaWRYPxsGcyFkKJ80w17xLndiqVNIIOrCFlnm-c4sSm8WS6EqhbFxAmVmQuwhj1GdEe1f5nt4irUw&_hsmi=32205122&utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_content=32205122&utm_medium=email&utm_source=hs_email

Anthem had some good headlines on Wednesday. The insurer reported second-quarter earnings and revenue that topped estimates, with the latter jumping 7.2 percent from a year earlier. It expects to insure more people than it initially forecast this year, after surprisingly robust growth in its Medicaid business.

But beneath the good, there was also bad and ugly.