Workflow
Humana Pulls 2025 Earnings Guidance on Slowing Government Medicare Funding
HUMHumana(HUM) Investopedia·2024-04-25 01:40

Key TakeawaysHumana shares fell in intraday trading Wednesday after it pulled its 2025 adjusted earnings guidance due to slower government healthcare spending.The health insurer explained that rates for Medicare Advantage weren't high enough to cover rising medical costs.The news offset Humana's better-than-expected first-quarter results and increased Medicare Advantage membership guidance. Humana (HUM) shares fell more than 5% in intraday trading Wednesday after it pulled its 2025 adjusted earnings guidanc ...