NU Online News Service, Oct. 29, 1:46 p.m. – Humana Inc., Louisville, Ky., is reporting $30 million in net income for the third quarter on $2.6 billion in revenue, up from $23 million in net income on $2.6 billion in revenue for the third quarter of 2000.
Enrollment in fully insured commercial plans fell 12%, to 2.4 million, but the average commercial plan member generated $528 in revenue, up 8% from an average of $490 for the third quarter of 2000.
Humana has another unit the manages health plans for TRICARE, a plan that serves military personnel, veterans and dependents. TRICARE enrollment increased to 2.7 million, from 1.1 million, as a result of an acquisition.