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Healthcare insurance company, Humana, announced "limited" layoffs last week, Humana spokesperson Mark Taylor confirmed to the Courier Journal.
Humana's stock is down 23% in its worst weekly drop since 2020 and biggest two-day decline since 2009. The drop comes as Medicare downgraded ratings on some of Humana's health insurance plans.
Shares of Humana tumbled early Thursday after it said it was dealing with higher-than-expected care costs from its Medicare Advantage customers, forcing it to chop profit expectations. The update ...
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Humana said while the 2025 rating will not impact earnings in 2024 or 2025, there was a significant risk to its ability to achieve a previously set target of "at least 3 percent" MA margins by 2027.
Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
While Humana’s decision is no doubt well-supported by data and HR surveys, it seems like a giant step in the wrong direction for a downtown struggling to regain relevance and appeal to both ...
Margins matter. The more Humana (NYS: HUM) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.