Fierce Healthcare September 19, 2022
Humana is bullish on future growth in Medicare Advantage (MA), its main line of business, in 2023 to bounce back from lackluster performance this year.
The insurer also raised its profit outlook for 2022, sending its shares up some 8% since the news Thursday.
The company projected it will grow its adjusted profits at a 14% annual rate over the next three years, executives told investors Thursday.
“We are committed to growth greater than the industry. We have the capabilities. We have the leading positioning in the marketplace. We have a brand so we know we can do it,” Humana CEO Bruce Broussard told investors during the company’s three-hour investor day presentation.
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