Becker's Healthcare November 5, 2025
Humana documented a net income of $195 million for the third quarter of 2025, down from $480 million during the same period last year, according to a Nov. 5 earnings release.
The company reported $32.65 billion in total revenue, an increase from $29.4 billion in third-quarter 2024.
Higher per-member premiums for Medicare and state-based contracts, along with membership growth across state-based contracts and standalone prescription drug plan businesses, drove the revenue boost. A direct subsidy provided by the Inflation Reduction Act bolstered Medicare premiums.
“These factors were partially offset by the membership decline within the individual Medicare Advantage business, inclusive of the company’s decision to exit certain unprofitable plans and counties,” the report added.
Operating expenses towered at $32.25 billion,...
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