Becker's Healthcare April 24, 2024
Humana expects to exit Medicare Advantage markets in 2025, company executives told investors.
The company reported its first quarter earnings April 24. Humana posted a $741 million in net income in the first quarter of 2024, beating investor expectations, but pulled its 2025 earnings guidance.
Executives told investors the company would update its 2025 expected earnings later in the year when it has more visibility into its 2025 Medicare Advantage bids.
On an April 24 call with investors, Humana executives said it will look to pull back benefits and exit some markets, as CMS continues phasing in risk adjustment changes.
“We expect benefit levels, plan stability and choice for seniors to be negatively impacted by the...
Today's Sponsors
Today's Sponsor