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Humana, medicare advantage

Humana’s exit of some ‘unprofitable’ Medicare plans helps fuel a big profit beat

While Humana affirmed its full-year profit outlook, which can be viewed as a positive in the current uncertain economic environment, quarterly revenue came up a bit shy, and the earnings outlook for the current quarter was below Wall Street projections.

Forbes · 1d

Humana Reports $1.2 Billion Profit As Medicare Cost Concerns Lessen

Humana reported $1.2 billion in first quarter net income as the company gets better control of medical cost trends in its Medicare Advantage plans.

Investopedia on MSN · 1d

Humana Cost Cuts, Medicare Advantage Moves Boost Results

Key Takeaways Humana beat first-quarter profit and sales estimates as it reduced costs and exited some Medicare Advantage plans.The insurer posted a membership decline, which is said was mostly because it pulled out of what it called "unprofitable" Medicare Advantage plans and counties.

Medicare, Justice Department and Insurers Aetna

STAT · 6h

Justice Department sues Medicare Advantage insurers and brokers, alleging kickbacks

The Justice Department has sued three of the largest Medicare Advantage insurers and three dominant insurance brokerages, alleging a kickbacks scheme.

The New York Times · 5h

U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans

The Justice Department accused large insurers of colluding with national brokers to steer older people and those with disabilities toward coverage that might not offer the best medical care.

Fierce Healthcare · 8h

Justice Department hits Aetna, Humana, Elevance Health with Medicare Advantage kickback complaint

The Trump administration has filed a complaint against three major payers and three broker organizations, claiming the insurers paid kickbacks to brokers to boost Medicare Advantage enrollment. | The filing also names brokers eHealth,

McKnight's Senior Living9m

Feds accuse insurance companies, brokers of steering older adults to certain MA plans regardless of suitability

The government also alleges that insurers conspired with brokers to discriminate against people with disabilities because they were perceived to be less profitable.

Fierce Healthcare1d

Why Humana is focusing on 'diversification' as it shores up MA business

Humana reaffirmed its outlook for the year on the back of $1.2 billion in profit for the first quarter, which surpassed Wall ...

1don MSN

Investors Expected a Humana Disaster. Instead, the Stock is Soaring

The health insurer reported an adjusted profit of $11.58 a share, beating expectations, as revenue rose about 8% from a year ...

1don MSN

Humana records Q1 earnings beat as cost concerns abate

Humana (NYSE:HUM) shares traded higher in the premarket on Wednesday after the managed care player reported ...

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