Anthem

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Anthem said it has seen a drop in unnecessary ER visits in Kentucky since it started its review there and has rejected only around 1 percent of all claims as avoidable. The policy will expand to Indiana next year.

Stock analysts hailed Gail Boudreaux as an experienced, proven insurance executive, but some wondered why the company rolled out a succession move on such short notice.

Former UnitedHealth Group executive Gail Boudreaux, 57, is succeeding Joseph Swedish, 66, who will serve as executive chairman until mid-2018.

Anthem Inc. exceeded Wall Street third-quarter profit expectations and pushed its 2017 forecast higher in its latest quarterly report. It also acquired an insurer with more than 135,000 Medicare members.

Construction is set to begin in January and the building should be complete in two years.

Indianapolis-based insurer Anthem Inc. said it will set up its own pharmacy benefits management unit, signaling a final break with Express Scripts Holding Co. after the health insurer accused Express of overcharging it by billions of dollars.

Indianapolis-based Anthem Inc. declined to say Friday whether it would retreat even further from Obamacare than it already has in recent months.

The deal for HealthSun gives Anthem another 40,000 members and helps build its base in south Florida.