Humana's Medicare Advantage business is facing challenges as the company's update has led to a reset of expectations on Wall Street. The company's earnings release highlighted 'unprecedented' numbers of older adults seeking medical care, causing stocks of insurance giants to slide. The industry's growth outlook and the need for increased health care supply are also being discussed in light of these developments.
Heard on the Street: America’s seniors are going to keep up their elevated use of the medical system throughout the year. That message from Humana’s earnings release sent stocks of insurance giants sliding. https://t.co/AL4X8dyZz3
Humana’s Medicare Advantage business is faring even worse than the company let on last week, with “unprecedented” numbers of older adults getting medical care. https://t.co/JEqat36954
Humana’s $HUM bad day in the market, provides yet another truth bomb about health insurance. To get prices under control, we need a boost in the supply of health CARE. Listen: https://t.co/kbOzi9WLt5
$HUM Humana - Individual Medicare Advantage Medical Cost Trend Update/MA Industry Value Proposition and Growth Outlook https://t.co/RcqM8sSe2R
Humana's update last week is pushing Wall Street to reset expectations for Medicare Advantage. Read the latest edition of Health Care Inc. https://t.co/vi17UTqIHZ