Forbes February 1, 2023
Humana said its individual enrollment in Medicare Advantage plans would jump by “at least 625,000” for 2023 in what is becoming a banner year for the popular privatized health insurance for U.S. seniors.
The projection for Medicare Advantage growth was included in Humana’s fourth quarter earnings report released Wednesday that included a $15 million loss thanks in part to costs of investments made last year to improve its health plan operations. Revenues rose to $22.4 billion in the fourth quarter on Medicare Advantage growth and higher premiums compared to $21 billion in the year-ago period.
“Humana is pleased to start the year in a position of strength, with robust 2023 individual Medicare Advantage membership growth expected to be at least...
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