Health insurance market turmoil? Not for market giant Anthem Inc., which reported better-than-expected quarterly earnings as its Obamacare individual insurance business broke even. The company also forecasts a slight 2018 profit for the government plans despite uncertainty about the market’s future. The news takes into account Trump’s efforts to undercut former President Barack Obama’s health reform law.

Anthem runs Blue Cross Blue Shield plans in 14 states, and said it had halved the number of areas where it will sell individual plans in 2018; that will cut enrollment by 70 percent next year and help profits. The company is also investing in new markets to help smooth out the effects of instability in the individual market, recently acquiring America's 1st Choice HMO, a Florida Medicare Advantage plan.

The company raised its 2017 adjusted earnings forecast to $11.90 to $12.00 per share, from more than $11.70. Anthem’s net income increased to $746.9 million, or $2.80 per share, in the third quarter, from $617.8 million, or $2.30 per share, a year earlier. Excluding items, the company earned $2.65 per share, ahead of analysts’ expectation of $2.42 per share, according to Thomson Reuters I/B/E/S. Total revenue gained nearly 5 percent to $22.43 billion, above analysts’ estimate of $22.05 billion.

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