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Humana Reports 4th Quarter Net Loss

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NU Online News Service, Feb. 3, 4:58 p.m. –Humana Inc., Louisville, Ky., is reporting a $1.7 million net loss for the fourth quarter of 2002 on $2.9 billion in revenue, compared with $35 million in net income on $2.6 billion in revenue for the fourth quarter of 2001.

Net results for the latest quarter include $86 million in charges for restructuring operations, the company says.

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Humana ended the quarter providing major medical coverage for 3.7 million people, up from 3.5 million people at the end of 2001.