New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 4, 2013
16:48 EDTHUMHumana expects higher sales for individual Medicare Advantage plans in 2013
Humana will be meeting with investors and analysts at an industry conference on January 8, 2013. During the meetings, the company intends to address its prospects and performance. The company expects gross sales for individual Medicare Advantage plans for 2013 to be slightly higher than previously expected. Data from the Centers for Medicare and Medicaid Services indicates attrition in the company’s individual Medicare Advantage plans is also slightly higher than the company’s previous expectations. The company continues to expect net growth for individual Medicare Advantage membership of 100,000 to 120,000, net of the January 1, 2013 disposition of approximately 12,600 Medicare Advantage members acquired in the March 31, 2012 acquisition of Arcadian Management Services. Gross sales for the company’s stand-alone Prescription Drug Plans for 2013 are anticipated to be slightly below the range of previous expectations. Prescription Drug Plans disenrollment data indicates attrition is also slightly below the company’s previous expectations. The company continues to anticipate net membership growth for 2013 in its stand-alone Prescription Drug Plans in the range of 125,000 to 175,000.
News For HUM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 22, 2015
08:31 EDTHUMHumana realigns financial reporting segments
Subscribe for More Information
April 21, 2015
09:02 EDTHUMHumana at Home acquires Your Home Advantage, terms not disclosed
Subscribe for More Information
April 13, 2015
10:58 EDTHUMCigna, Humana seen as potential takeover targets in Managed Care space
Subscribe for More Information
07:33 EDTHUMJefferies sees low probability of WellCare, Centene buyouts
After running several acquisition scenarios for the Managed Care space, Jefferies says potential takeovers of WellCare (WCG) and Centene (CNC) are "hard to justify." The firm estimates acquirers will only be able to generate 1%-3% accretion from buying either company at a 20% premium to current share prices. The deal that makes the most financial sense is Aetna (AET) buying Cigna (CI), Jefferies says today in a note to investors. Also financially attractive would be a buyout of Humana (HUM) by either Anthem (ANTM) or Aetna, the firm adds. After analyzing the Managed Care space, it upgraded this morning shares of UnitedHealth (UNH) to Buy from Hold with a $141 price target. Jefferies also has Buy ratings on Aetna, Anthem, Health Net (HNT) and Molina Healthcare (MOH).

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use