Humana 1Q profit up 157 percent
Health insurer Humana Inc. 's first-quarter profit jumped 157 percent on an increase in membership in its Medicare Advantage and Military Services plans.
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Saint Paul, MN
#1 Apr 27, 2009
205.7 Million dollars in profit. I guess they are charging a lot more for insurance than they have to pay in claims. Just think of the giant bonuses they paid out even before the profit numbers.(Bonuses are compensation to executives for "work" performed and not reported as profit.)
And that was only for the first quarter.
#3 Apr 28, 2009
That company needs to be investigated for its' practices. 157% profit is unbelievable. If it's too good to be true, usually it is. We, the public, have been scammed by these greedy companies long enough. A full-blown Gov't investigation needs to take place.
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