Humana 2024 Profits Hit $1.2 Billion As Insurer Leaves Unprofitable Medicare Markets
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Humana reported $1.2 billion in profits for 2024, despite a $693 million loss in the fourth quarter, as it plans to exit unprofitable Medicare Advantage markets in 2025.
February 11, 2025 | 12:45 pm
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Humana's 2024 profits reached $1.2 billion, but the company faced a $693 million loss in Q4. The insurer is exiting unprofitable Medicare Advantage markets in 2025, which could stabilize future earnings.
Humana's decision to exit unprofitable Medicare markets is a strategic move to improve profitability. Despite a significant Q4 loss, the overall annual profit is strong, suggesting potential positive impact on future earnings.
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