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Humana: Companies
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Humana, a Fortune 200 company, is one of the nation's largest publicly traded health benefits companies, with approximately 6.6 million medical members located primarily in 18 states and Puerto Rico. The company offers coordinated health insurance coverage and related services, including dental, life and disability insurance - through traditional and Internet-based plans - to employer groups, government-sponsored plans and individuals. Humana is a recognized leader in the areas of innovative wellness and chronic disease intervention programs for its members and its use of Internet technology to streamline its operations and to make doing business with Humana easier, simpler and more satisfying for all its customers.
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Humana Inc., headquartered in Louisville, Kentucky, is one of the nation’ s largest publicly traded health and supplemental benefits companies, with approximately 11.5 million medical members. Humana is a full-service benefits solutions company, offering a wide array of health and supplemental benefit plans for employer groups, government programs and individuals.
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Humana reported a 22 percent decline in first quarter profits Monday, blaming startup costs for the Medicare drug benefit. The company said its Medicare revenues climbed to $1.25 billion, or 127 percent. Humana has signed up the second most customers to its Medicare Part D plans among insurers, trailing only UnitedHealth group. Humana says it has signed up 1.96 million customers to its stand-alone drug plan. It predicts that it will be able to sign up 2.7 million customers by the end of …
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LOUISVILLE, KY - Feb 5, 2007 - Humana Inc. (NYSE:HUM) today reported $0.92 in diluted earnings per common share (EPS) for the quarter ended December 31, 2006 (4Q06), above the company's previous guidance for EPS of $0.84 to $0.90. The 4Q06 EPS compares to $0.37(a)(e) EPS for the quarter ended December 31, 2005 (4Q05). Excluding 4Q05 expenses of $0.07 per share related to Hurricane Katrina(e), EPS for 4Q06 is up 109 percent(b) versus the prior year. The year-over-year improvement in the quarter results from substantial earnings increases from membership growth in the company's Government segment.
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UnitedHealth Group and Humana are leading the field in Medicare Part D enrollment, according to new numbers out today. More than 90 companies are offering about 3,000 plans across the country, CMS reports. UnitedHealth, which has has benefited from an alliance with AARP and the acquisition of PacifiCare's Medicare business, is the clear leader with 27 percent of the market. Humana is trailing not far behind with 18 percent.
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In addition to its corporate headquarters building in Louisville at 5th and Main Street, Humana owns and occupies the Waterside Building at 1st and Main, and the Riverview Square at 2nd and Main. Humana recently announced its plan to lease space in the Waterfront Plaza East Tower in the 300 block of Main Street. The company ... leases space in three other downtown buildings—National City in the 400 block of Main Street, the 515 Building on Market Street, and the ISB Building on Magazine Street.
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