Anthem

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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.

Anthem Inc. reversed course and said it will offer Obamacare plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage.

The Indianapolis-based health insurer is in talks with officials in some states ahead of deadlines later this month to decide whether to sell coverage in 2018, CEO Joseph Swedish said Tuesday.

Indianapolis-based Anthem had been the only insurance carrier to sell plans in all 120 counties on Kentucky's health exchange.