Humana (HUM) indicated it had to pay out fewer-than-expected claims for n♔on-urgent surgery, and t💫hat helped the health insurer record better-than-expected profit. The company also raised its outlook for Medicare Advantage membership growth.

Humana posted fiscal 2023 second-quarter 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $8.94, with revenue advancing 13% to $26.75 billion. Both were above forecasts.

The company indicated its premiums-to-payout ratio rose to 86.3% from 85.8% last year. Insurance revenue was up 13.8% to $25.88 billion, and sales at its CenterWell pharmacy segment were little chaꦡnged ꦬat $4.53 billion.

Health insurers had warned of a rush by seniors to undergo surgeries and get outpatient treatments they had put off during the COVID-19 pandemic. However, Humana and UnitedHealth Group (UNH) have indicated they may nಞow bꦇe easing.  

Humana boosted its full-year guidance for 澳洲幸运5官方开奖结果体彩网:Medicare Advantage membership by 50,000 to approximately 825,000. CEO Bruce Broussard explained that the gains 🌃in the Medicare Advantage business “give us further confidence in our ability ♛to deliver strong earnings growth in the future.”

Shares of Humana advanced 5.5% today, but they are still lower for the year.