Becker's Healthcare April 24, 2024
Humana reported $741 million in net income in the first quarter of 2024.
The company published its first quarter earnings report April 24, beating investor expectations. In Q1 2023, Humana posted $1.2 billion in net income.
Total revenue in the first quarter was $29.6 billion, up 10.7% year over year.
Humana’s medical loss ratio was 88.9% in the first quarter, which the company projects will rise to about 90% for the full year.
The...