JPM23: Humana bounces back from poor MA enrollment showing in 2022, boosts guidance on membership growth

This year, the insurer revealed that a year of introspection and investment in its core business produced a turnaround that exceeded even its internal expectations. In a filing submitted Monday to the Securities and Exchange Commission, Humana said it gained about 500,000 members during the annual enrollment period for Medicare and was boosting its overall membership growth guidance to at least 625,000.

Previously, Humana said it expected to add 500,000 new members over the course of 2023. Adding 625,000 new lives would represent membership growth of 13.6% compared...