Humana profit jumps 44 percent, in line with targets
Humana Inc said quarterly profit jumped 44 percent, in line with Wall Street targets, on improved performance of its Medicare plans for the elderly, and the health insurer slightly raised its full-year forecast.
Humana Inc. said it expects to lose nearly 10% of its Medicare drug-plan enrollees at the start of 2009 because it bid premiums too high to win an allotment of low-income, government-assigned members.