Free Historical Stock Data on Humana Inc
Stock Symbol: HUM
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Business Description
Humana Inc. is a health benefits company that offers coordinated health insurance coverage and related services through a variety of traditional and Internet-based plans for employer groups and government-sponsored programs. In 2001, the Company realigned its management to better reflect its focus on the consumer. As part of this management realignment, it redefined its business into two segments, Commercial and Government. The Commercial segment consists of members enrolled in products marketed to employer groups and individuals, and includes three lines of business: fully insured medical, administrative services only and specialty. The Government segment consists of members enrolled in government-sponsored plans, and includes three lines of business: Medicare+Choice, Medicaid and Tricare.
Financial Information
Humana Inc. is a health services company that facilitates the delivery of healthcare services through networks of providers to approximately 6.4 million members, primarily through HMOs and PPOs. For the six months ended 6/30/02, total revenues rose 12% to $5.56 billion. Net income rose 78% to $92.1 million. Results reflect higher premium revenues due to strong commercial premium yields and acquisitions and the absence of goodwill amortization.
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