Reported 1 day ago
Humana exceeded earnings expectations for the first quarter, attributing its success to stable medical costs, increased premiums, and membership growth in its Medicare segments. Despite a decline in Medicare Advantage membership due to plan optimizations, the company's revenue rose to $32.1 billion with a 68% profit increase year-over-year. However, executives conveyed caution regarding future earnings due to ongoing legal challenges and the potential drop in member rates.
Source: YAHOO