Quartz·1 min read·medium
Humana slashed its annual profit forecast as lower Medicare ratings squeezed bonuses
✦AI Summary
Health insurer Humana has significantly lowered its annual profit forecast, citing reduced Medicare star ratings that negatively impacted bonus payments. The company revised its GAAP earnings guidance downward to $6.52 per share.
The health insurer revised its full-year GAAP earnings guidance to at least $6.52 a share, down from at least $8.36
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