Health Plans
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Humana to lose some Medicare enrollees

Wall Street Journal (subscription required), September 10, 2008
Humana Inc. has announced it expects to lose nearly 10% of its Medicare drug-plan enrollees at the start of next year because it bid premiums too high to win an allotment of low-income, government-assigned members. Humana shares fell nearly 5% to $41.75 in after-hours trading after it announced it would lose all of its 308,000 "dual-eligible" Medicare members. Such members are a source of instant market share for many of the companies that sell and administer the benefit.