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Humana reports 3Q results, sees growth in Medicare Advantage enrollment

Posted On: Nov. 3, 2022 10:27 AM CST

Humana Inc. reported lower third-quarter profits but said it is seeing strong enrollment in individual Medicare Advantage plans, its core insurance product, two weeks into the annual enrollment period for seniors, Healthcare Dive reports. Humana’s revenue increased 10% to $22.8 billion for the third quarter thanks to higher MA premiums and MA enrollment, while its net income declined to $1.2 billion compared with $1.5 billion during the prior-year period.