Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Portfolio > Economy & Markets > Fixed Income

Earnings: Humana

Your article was successfully shared with the contacts you provided.

A federal government delay in paying bills affected cash flow at Humana Inc. during the second quarter.

Here is a summary of the earnings report issued by Humana:

Humana Inc., Louisville, Ky.

2 Q 2008 Results

NET INCOME: $290 million

REVENUE: $14 billion

MEDICAL MEMBERS: 11.5 million

2 Q 2007 Results

NET INCOME: $288 million

REVENUE: $13 billion

MEDICAL MEMBERS: 11.3 million

- Enrollment in commercial plans that Humana has owned for more than a year increased 4%.

- Enrollment in the HumanaOne individual and family health coverage program increased 45%.

- The amount of cash flow provided by operations fell to $104 million, from $477 million, partly because the federal government waited until July to pay $257 million in Medicare premiums that were due June 30, Humana reports.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.