Humana Stock Is at Multiyear Lows as Investors Digest Its Medicare Rating
Humana(HUM) Investopedia·2024-10-07 20:15
Key Takeaways Jefferies downgraded Humana, warning how the latest Medicare ratings will affect results. The analysts noted that data from federal regulators showed Humana had a huge dropoff in Medicare customers. Humana is appealing CMS's decision, claiming the rating process is flawed. Shares of Humana have tumbled this year on concerns about medical costs and government regulations. Humana (HUM) shares slid after Jefferies downgraded the insurer's stock, pointing to the negative impacts of the company's l ...