Becker's Healthcare September 16, 2022
Humana executives told investors Sept. 15 it’s looking to match or exceed other payers that have outpaced it in Medicare Advantage growth over the last year, WDRB reported.
Though the Louisville, Ky.-based payer is second only to UnitedHealthcare in terms of total MA enrollment — 5 million versus 7.9 million — it had one of the lower MA growth rates this year.
From March 2021 to March 2022, Elevance Health saw the largest MA growth at 24.9 percent, CVS Health at 10.3 percent, UnitedHealthcare at 8.8 percent and Humana at 5.2 percent. Only Cigna was lower at 0.9 percent, while Centene did not differentiate growth in traditional Medicare and MA.
Humana’s Medicare growth rate was 11 percent from 2017...