Humana raises full-year profit forecast on lower medical costs
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Humana raises full-year profit forecast on lower medical costs
Nov 6 (Reuters) - Humana raised its annual profit forecast on Friday as it expects medical costs to remain in check during the year.
The company, one of the largest providers of Medicare Advantage plans for older adults and people with disabilities, is bucking an industrywide pullback by expanding enrollment in these plans amid a broader retreat by rivals.
"Humana is delivering positive results for our members, our patients and their health," CEO Jim Rechtin said. "We are also increasingly driving financial and operating performance toward being ’ahead’ of our plan."
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