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Humana - HUM STOCK NEWS

Welcome to our dedicated page for Humana news (Ticker: HUM), a resource for investors and traders seeking the latest updates and insights on Humana stock.

Humana Inc. (symbol: HUM) is a leading private health insurer in the United States, with a primary focus on Medicare Advantage plans. The company has carved out a significant niche in the healthcare market by specializing in government-sponsored programs. Nearly all of Humana's medical memberships come from individual and group Medicare Advantage plans, Medicaid, and the military's Tricare program. This makes it a pivotal player in providing health insurance solutions to a diverse segment of the population.

In addition to its core insurance offerings, Humana is a frontrunner in stand-alone prescription drug plans, particularly for seniors enrolled in traditional fee-for-service Medicare. This is part of their broader commitment to ensuring comprehensive healthcare accessibility for all members.

Humana continuously strives to innovate and improve its services, recognizing that healthcare needs are dynamic and vary among individuals, families, and communities. The company's cultural foundation is deeply rooted in helping members achieve optimal health by delivering personalized and simplified healthcare experiences. Their array of services includes not only medical insurance but also primary-care services, at-home healthcare services, and pharmacy benefit management.

The company's recent achievements and current projects reflect its commitment to holistic health solutions. Through CenterWell, Humana provides the latest updates and resources aimed at helping people live their healthiest lives on their terms, whenever and wherever they need it.

Humana's employees are central to its mission. The company has built an organization of dynamic talent, whose experience and passion are focused on putting the customer first. This dedication is evident in their innovative approach to healthcare, which continuously adapts to meet evolving needs.

With its strong financial condition and strategic partnerships, Humana is well-positioned to continue its leadership in the healthcare industry. Whether you are an investor looking for reliable stock performance or a member seeking high-quality healthcare services, Humana remains a standout choice.

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Humana Inc (NYSE: HUM) has announced its statewide HMO Medicare Advantage plan in Tennessee has received a 5-star rating from the Centers for Medicare & Medicaid Services (CMS) for the second consecutive year, marking the third time overall. This achievement underscores Humana's commitment to high-quality healthcare and member satisfaction. The rating reflects positive patient experiences and effective healthcare delivery, with Medicare Advantage members reportedly saving nearly $2,000 on out-of-pocket costs compared to traditional Medicare.

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Humana Inc. (NYSE: HUM) has announced that its Louisiana Medicare Advantage HMO plan received a 5-star rating from the Centers for Medicare and Medicaid Services (CMS) for the second consecutive year. With nearly 196,000 members, this plan exemplifies Humana's commitment to high-quality care and patient outcomes. Region President Matt Berger highlighted the importance of tailored health plans, emphasizing increased member engagement in health management and expanded service to rural communities. The company aims to improve health and financial savings for Medicare beneficiaries.

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Humana Inc. (NYSE: HUM) announced its Medicare Star Ratings, receiving a perfect 5-star rating for HMO plans in Louisiana, Tennessee, and Kentucky, encompassing around 356,000 members. Additionally, it achieved a 4.5-star rating for its Medicare Advantage plans in 46 states and Puerto Rico, servicing over 3 million members—almost double from the previous year. Notably, 96% of Humana's Medicare Advantage members are in plans rated 4 stars or above for 2023. The company emphasizes its commitment to high-quality care and customer satisfaction, reflecting well in these ratings.

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Humana Inc. (NYSE: HUM) will announce its financial results for the third quarter of 2022 on November 2, 2022, at 6:30 a.m. Eastern time. A conference call to discuss the results and earnings guidance for 2022 will follow at 9:00 a.m. Eastern time. Participants can join via telephone after registering through a provided link. The earnings report will likely include non-GAAP financial measures, reconciled to GAAP metrics. The earnings news release will be available on Humana’s Investor Relations page.

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Humana Inc. (NYSE: HUM) has announced its 2023 Medicare Advantage and Prescription Drug Plan offerings, emphasizing member feedback. The initiative follows a commitment to $1 billion in cost savings for program enhancements. Humana offers more $0 premium plans, expanded coverage in 260 new counties, and enhanced benefits like dental care and simplified prescription access. The company aims to improve affordability and accessibility for Medicare beneficiaries.

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Humana Inc. (NYSE: HUM) has committed $1 million to aid recovery efforts for Hurricane Ian in Florida and Hurricane Fiona in Puerto Rico. The funding will support immediate relief, focusing on basic needs like food, water, and medical care. Additionally, Humana established a crisis hotline offering free counseling services. To further support employees, the Humana Foundation will match employee donations up to $500. These actions showcase Humana's commitment to community support and health equity in the wake of these devastating storms.

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Humana Inc. (NYSE: HUM) has received high rankings in the 2022 Hispanic Association on Corporate Responsibility (HACR) Corporate Inclusion Index. The company scored 5 out of 5 stars in Employment, Procurement, and Philanthropy, and 4 out of 5 stars in Governance. This recognition reflects Humana's commitment to supporting Hispanic and Latinx inclusion in various corporate spheres. The insights gained will guide Humana's strategic initiatives in diversity and belonging, aiming to foster an inclusive workplace culture.

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Humana Inc. (NYSE: HUM) announced a mid-term Adjusted EPS target of $37.00 for FY 2025, indicating a 14% annual growth from the updated FY 2022 outlook. The company raised its FY 2022 GAAP EPS guidance to approximately $23.08 and Adjusted EPS to approximately $25.00, reflecting a 21% increase from FY 2021. This growth is attributed to favorable medical cost trends in Medicare Advantage and the absence of expected COVID-19 disruptions. Humana continues to emphasize operational efficiencies and capital deployment for sustained earnings growth.

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Humana Inc. (NYSE: HUM) has elected Brad D. Smith, former Executive Chairman and CEO of Intuit, to its Board of Directors. Smith, currently the President of Marshall University, has a strong track record of transforming companies, including nearly doubling Intuit's revenue during his leadership. Humana's Chairman, Kurt J. Hilzinger, expressed confidence in Smith's ability to drive growth and operational efficiencies in Humana's Medicare Advantage business and enhance its healthcare services. With Smith's addition, Humana's Board now comprises 14 members.

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Humana Inc. (NYSE: HUM) will host a virtual Investor Update on September 15, 2022, at 8:30 a.m. Eastern. The event will feature company leaders discussing Humana's strategic direction, operational and financial progress, and future performance expectations.

Participants can access the webcast through Humana’s Investor Relations page. For those unable to attend, a replay will be available approximately four hours after the event.

Humana aims to enhance health and lower costs through integrated care solutions for its members.

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FAQ

What is the current stock price of Humana (HUM)?

The current stock price of Humana (HUM) is $255 as of February 24, 2025.

What is the market cap of Humana (HUM)?

The market cap of Humana (HUM) is approximately 31.1B.

What is Humana Inc.'s primary focus?

Humana Inc. primarily focuses on administering Medicare Advantage plans and other government-sponsored healthcare programs.

What types of healthcare services does Humana provide?

In addition to medical insurance, Humana offers primary-care services, at-home healthcare services, and pharmacy benefit management.

Who are Humana's primary members?

Humana's primary members include individuals and groups enrolled in Medicare Advantage plans, Medicaid, and the military's Tricare program.

How does Humana innovate in healthcare delivery?

Humana continuously creates innovative solutions and resources to help people live healthier lives on their terms, recognizing the evolving needs of individuals, families, and communities.

What is CenterWell?

CenterWell is an initiative by Humana that provides the latest updates and resources aimed at helping people live their healthiest lives.

Why is Humana a significant player in healthcare?

Humana is a significant player due to its comprehensive offerings in Medicare Advantage plans, prescription drug plans, and its commitment to personalized healthcare experiences.

How does Humana support its mission through its employees?

Humana is dedicated to building an organization of dynamic talent, with employees whose experience and passion focus on putting the customer first.

What sets Humana apart from other health insurers?

Humana sets itself apart through its specialization in government-sponsored programs and its leadership in stand-alone prescription drug plans for seniors.

What recent achievements has Humana made?

Humana's recent achievements include continuous innovation in healthcare solutions and maintaining a strong financial condition and strategic partnerships.

How does Humana's cultural foundation influence its operations?

Humana's cultural foundation is aligned to help members achieve their best health through personalized and simplified healthcare experiences, reflecting in its products and services.
Humana

NYSE:HUM

HUM Rankings

HUM Stock Data

31.10B
120.21M
0.2%
95.59%
4.3%
Healthcare Plans
Hospital & Medical Service Plans
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United States
LOUISVILLE