Company Profile For Humana Inc.

Humana Inc. (HUM.N) (New York Stock Exchange)
sector: Financials · industry: Insurance - Life & Health ·
As of  27 Nov 2009
41.73USD
Price Change
-0.37
Percent Change
-0.88%
 
 
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Overview

Humana Inc. (Humana) is a health and supplemental benefits company. The Company is a full-service benefits solutions company, offering an array of health and supplemental benefit plans for employer groups, government benefit programs and individuals. The Company operates in two segments: Government and Commercial. The Government segment consists of beneficiaries of government benefit programs, and includes three lines of business: Medicare, Military and Medicaid. The Commercial segment consists of members enrolled in its medical and specialty products marketed to employer groups and individuals. On October 31, 2008, the Company acquired PHP Companies, Inc. (doing business as Cariten Healthcare). On August 29, 2008, the Company acquired Metcare Health Plans, Inc. On May 22, 2008, it acquired OSF Health Plans, Inc. On April 30, 2008, the Company acquired UnitedHealth Group’s Las Vegas, Nevada individual SecureHorizons Medicare Advantage health maintenance organization (HMO) business.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, Humana Inc.'s revenues rose 9% to $23.33B. Net income increased 67% to $789M. Revenues reflect higher premium income due to increased average per member premiums and higher administrative service fees income. Net income also reflect higher gross & operating margins. The Company provides a wide array of health & supplemental benefit products for employers and government benefit programs.

Company Address

Humana Inc.
500 West Main Street
Louisville   KY   40202
P: +1502.5801000
F: +1502.5803639

Total Employees

28900

Find Out More About HUM.N

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