November 7, 2018 / 11:41 AM / 11 days ago

Health insurer Humana's quarterly profit rises 29 percent

Nov 7 (Reuters) - U.S. health insurer Humana Inc reported a 29 percent rise in third-quarter profit on Wednesday, helped by its Medicare Advantage business that sells healthcare plans to people over age 65 and the disabled.

Humana said its net income rose to $644 million, or $4.65 per share, in the quarter ended Sept. 30, from $499 million, or $3.44 per share, a year earlier.

Total revenue rose to $14.21 billion from $13.28 billion last year. (Reporting by Tamara Mathias and Manas Mishra in Bengaluru; Editing by Shailesh Kuber)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below