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Humana third-quarter earnings and revenue top estimates

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Humana third-quarter earnings and revenue top estimates

) has reported third-quarter profit and revenue that topped estimates, in a positive development for the health insurance group following recent setbacks.

Humana has flagged the decline will impact its quality bonus payments in 2026. The Centers for Medicare and Medicaid typically awards a quality bonus to health plans that achieve 4 stars or higher. On Wednesday, the firm raised its forecast for 2024 individual Medicare Advantage annual membership growth by about 5% to approximately 265,000. It also lifted its full-year unadjusted earnings per-share guidance to"at least" $12.89, up from its prior outlook of roughly $12.81.

 

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