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Health insurer Humana Inc. rode its strong government business in posting a 65 percent jump in third-quarter profit Monday, as bulging membership and premiums from Medicare Advantage overcame a lackluster commercial segment hampered by the weak economy.
Health insurer Humana Inc. said Tuesday it will cover 100 percent of the costs of the swine flu vaccine for fully insured members, including those who don't have a plan with immunization coverage.
Health insurer Humana Inc. said Monday its second-quarter profit rose 34 percent on the strength its robust government business, led by Medicare Advantage offerings, easily offsetting a sluggish commercial segment hamstrung by the recession.
Health insurer Humana Inc. said Monday its first-quarter profit more than doubled as its government business surged from higher membership in its Medicare Advantage plans and lower expenses in Medicare drug plans that sapped earnings a year ago.
Humana Inc. Chief Executive Michael B. McCallister saw his total compensation fall 19 percent last year to $5.2 million, the majority of it in the form of stock options that are now worthless because the health insurer's stock has fallen.
Health insurer Humana Inc. reported a 28 percent drop in fourth-quarter profit Monday, driven by higher claim expenses from its stand-alone Medicare prescription drug plans, lower investment income and a loss in its commercial business.
Humana Inc. said Monday its third-quarter profit tumbled nearly 40 percent, dragged down by a bitter dose of investment losses and an expected decline in premiums from its Medicare prescription drug plans.
Humana Insurance Co. has agreed to pay the state of Wisconsin $750,000 to settle complaints about its marketing and other practices.
Humana Inc. reported a slight drop in second-quarter profit Monday, caused by a double-digit drop in premiums from its stand-alone Medicare prescription drug plans that was less painful than expected.
Health insurer Humana Inc. reported a 12.5 percent rise in its first-quarter profit Monday as growth in its Medicare Advantage, military and commercial businesses more than offset problems in its stand-alone Medicare prescription drug plans.
Humana Inc.'s top executive gave assurances Wednesday that a sharp drop in the health insurer's first-quarter and full-year earnings estimates was a "one-time situation" due to higher-than-expected claims in its stand-alone Medicare prescription plans.
Managed care provider Humana Inc. said Monday its fourth-quarter earnings surged 57 percent due to a lower-than-expected income tax rate and a gain on the sale of a venture capital investment, and the company raised its profit outlook for 2008.
Health insurer Humana Inc. posted a 57 percent surge in fourth-quarter earnings Monday from its growing government segment, a lower-than-expected income tax rate and a gain on the sale of a venture capital investment.
Health insurer Humana Inc. said Monday its third-quarter profit nearly doubled year-over-year, due to strong membership growth and one-time gains in its government segment, as well as improvements in the companys commercial operations and stand-alone Medicare Prescription Drug Plans.
A recent government audit raises concern that Humana, Inc., one of the nation's largest Medicare insurers, has not done enough to eliminate misleading sales practices to the elderly and disabled.
Gag Order Admission There's nothing like a Friday evening news release to hide a Washington embarrassment.
Dear Insurance Company, You Have a Right to be WrongBefore the lunch break in the Senate Finance Committee's markup on health reform legislation, members engaged in a long and ultra-wonky debate on Medicare Advantage.
McConnell Blasts Government Over 'Gag Order' on Private Health Care ProviderThe federal government resorted to bullying tactics when it ordered an investigation of Humana -- one of the country's biggest private insurers -- for its decision to send customers a letter alerting them about pending health reform legislation, a leading Republican charged Wedne …
U.S.: Insurance Co.'s Claims on Reform "Misleading"Medicare officials are warning the insurance company Humana that it may be breaking federal regulations by sending letters to its beneficiaries that falsely claim seniors would lose benefits in the Medicare Advantage program because of Democrats' health care reforms.
Humana Weighs In On Health Care ReformLOUISVILLE, Ky. -- A leader of one of Louisville's largest employers and one of the nation's largest health insurance companies is sounding off on President Barack Obama's health care speech.
Humana Sucks Money Out of Medicare Advantageexcerpt: ""Humana, Inc. (HUM) reported its earnings Monday, and they really love that government money. HUM reports in two segments: government and commercial. The government segment is really profitable: profits up 62.5%, membership up 12%.
Former Health Insurance Insider Slams IndustryWendell Potter, who spent more than two decades as a public relations executive for CIGNA and Humana, explains how health insurers con consumers, how the industry is a cash cow for Wall Street, and why health reform must include a public plan: "I don't think this is an industry t …
Humana: We won't hire smokers | Cincinnati.com | Cincinnati.ComHumana of Ohio has made a rule that they won't hire smokers. What do you think about this?
Humana: We won't hire smokersHumana of Ohio will require all new employees who smoke to quit the habit.
Health Insurers Secretly Blacklist Those with Certain AilmentsTrying to buy health insurance on your own and have gallstones? You'll automatically be denied coverage. Rheumatoid arthritis? Automatic denial. Severe acne? Probably denied. Do you take metformin, a popular drug for diabetes? Denied.
I started (again) investing in stocks since Oct/29/2007. First time I lost everything that I invested. This is my second attempt to make some money on stocks. I am not a big bucks player.
Humana Delays 93 Year Old's Medicine For 3 WeeksHad a problem with my Mom's Medicare Part D Prescription Drug plan with Humana. Their mail order pharmacy (RightSource) advertises a two-week turnaround from date of sending-in an order to receipt of medications.
Health Insurers Develop 'Medutainment' Video GamesBoth Kaiser Permanente Health Plan and Humana Inc. said in recent weeks that they are launching video games focused on such topics as obesity and diabetes.
Humana Earnings Up on Government SegmentLOUISVILLE, Ky. (AP) -- Health insurer Humana Inc. said Monday its third-quarter profit nearly doubled from a year ago, as income from its government segment surged, aided by a one-time gain and improvements in its commercial business.
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