Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs
Humana(HUM) CNBC·2024-01-25 16:21
Signage is displayed on a Humana Inc. office building in Louisville, Kentucky, U.S., on Sunday, Feb. 3, 2019. Humana is scheduled to release earnings figures on February 6. Photographer: Luke Sharrett/Bloomberg via Getty ImagesShares of Humana plummeted on Thursday after the health insurer issued dismal full-year earnings guidance, citing soaring medical costs that are dogging the broader insurance industry.Those expenses have spiked as an increasing number of older adults return to hospitals to undergo pro ...