February 7, 2018 / 11:27 AM / 6 months ago

Health insurer Humana posts quarterly profit vs. year-ago loss

Feb 7 (Reuters) - U.S. health insurer Humana Inc reported a fourth-quarter profit compared with a year-ago loss, due to strength in its Medicare Advantage business that sells healthcare plans to the elderly and the disabled.

Humana said on Wednesday its net profit was $184 million, or $1.29 per share, in the quarter ended Dec. 31, compared with a loss of $401 million, or $2.68 per share, a year earlier. (bit.ly/2FUl4BB)

Total revenue rose to $13.19 billion from $12.88 billion. (Reporting by Ankur Banerjee in Bengaluru; Editing by Martina D’Couto)

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