Humana Inc. reported a 3.5 percent drop in fourth-quarter net income on Monday as the health insurer absorbed higher claims payments that offset continued growth in its lucrative Medicare Advantage membership.
February 05, 2013 at 12:00 AM
1 minute read
Humana Inc. reported a 3.5 percent drop in fourth-quarter net income on Monday as the health insurer absorbed higher claims payments that offset continued growth in its lucrative Medicare Advantage membership.
The performance still surpassed Wall Street expectations. The company’s new CEO said acquisitions and other investments made in the past year will position Humana for strong growth in coming years.
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