When Anthem has a bad year and then it loses its business, the company will often use some of its profits to pay down the debt.
But the company doesn’t always get the money.
Anthem announced on Monday that it would be closing a “significant portion” of its businesses in the U.S. and Europe, in a move that could have significant ramifications for Anthem’s ability to pay off the debt and the company’s stock price.
Anthem said it was closing its U.K. operations as well as its European operations.
“This is an important step for us to better serve our customers in the United States, Europe and other parts of the world, and we expect this to create significant impact on our financial position and results of operations,” Anthem Chief Executive Officer Mark Schierbecker said in a statement.
“These decisions will have a material impact on Anthem’s consolidated financial position, results of Operations and liquidity.”
Anthem said that the company expects to incur an impairment charge of $1.9 billion.
Anthem also said it will be cutting its workforce by more than 6,500 jobs.
The company said it expects to pay $2.3 billion in total in interest and penalties, and $3.9 million in the first half of 2018.
Anthem has struggled financially in recent years as the company has struggled to pay its debt and to pay back its investment.
The debt is largely backed by the sale of its medical device business, which has been in receivership since 2013.
The U.B. of Ireland said it could not provide a number on how many U.N. medical device loans Anthem has made, but it has said it has made a total of $7.6 billion in payments to U.C.I. The Irish government has been unable to get a definitive answer from Anthem on the company.
On Monday, Anthem said in its filing that it has paid out more than $2 billion in interest on the debt, and it is still working to repay its investments.
Anthem’s stock has fallen more than 30% in the last three months, wiping out more $1 billion of the companys debt and wiping out $4 billion of its market value.
It has faced a number of health care crises, including Anthem’s collapse in 2015, the failure of the Anthem Care program, and the Affordable Care Act.
The health care crisis has also hit Anthem’s business and caused its stock price to fall in the weeks leading up to the bankruptcy filing.
On Thursday, Anthem’s chief executive, David Coughlin, said the company plans to file for Chapter 11 bankruptcy protection.
The filing will allow Anthem to liquidate all of its assets and pay off its debt.
The bankruptcy filing is expected to take place next month.
Anthem is part of a group of companies that have filed for bankruptcy protection in the past year, including Cigna, UnitedHealth Group, and UnitedHealth Care.