Humana raises annual profit forecast on lower costs
MarketScreener · Reuters ·
Humana raised its full-year profit forecast on Friday as it expects medical costs to remain in check during the year. Humana is delivering positive results for our members, our patients...
Nov 6 (Reuters) - Humana raised its full-year profit forecast on Friday as it expects medical costs to remain in check during the year.
"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."
The company, one of the largest providers of Medicare Advantage plans for older adults and people with disabilities, is bucking an industry pullback by expanding enrollment in these plans amid a wider retreat by rivals.
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