Healthcare DIVE September 8, 2021
Dive Brief:
- Humana is seeing a rise in COVID-19 hospitalizations among its Medicare Advantage members, the insurer said Tuesday in a filing with the U.S. Securities and Exchange Commission.
- Non-COVID-19 hospitalizations are declining, and Humana expects outpatient visits to contract, too, a trend that occurred during previous coronavirus surges.
- Still, Humana is maintaining its full-year guidance, which was set in July, “while continuing to acknowledge the heightened uncertainty surrounding the ongoing pandemic.”
Dive Insight:
Even though hospitalizations are on the rise, the anticipated decline in non-COVID-19 utilization is expected to offset any increases Humana will incur in COVID-19 testing and treatment costs.
It’s the same reason insurers remained profitable last year during the onset of the pandemic....
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