Humana (HUM) earnings Q3 2019: Medicare Advantage sales surge


The Humana headquarters office stands in Louisville, Kentucky.

Ty Wright | Bloomberg | Getty Images

Humana reported third-quarter profit above Wall Street estimates and raised its full-year earnings forecast on Wednesday, fueled by growth in its main business of selling government-backed Medicare Advantage health insurance plans.

Shares of the company rose about 3.1% to $304 in premarket trading.

The company said, this year it expects to add more than half a million people to its individual Medicare Advantage health plans – privately managed federal healthcare covers for Americans older than 65 or with disabilities.

Medicare Advantage plans account for about one-third of Medicare…

Source cnbc.com

SoftBank CEO says after WeWork there will be no rescue investments

Previous article

Subscriber numbers are not that important

Next article

You may also like

Leave a Reply

Notify of

More in Earnings