Humana Soars 13% in After-Hours Trading – New Medicare Ratings Could Bring $3.6 Billion
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A Medicare contract with 2.4 million insured has once again reached the threshold for governmental quality bonuses. About 95% of Humana members are now insured in highly rated plans, up from about 42% previously. Oppenheimer anticipates potential additional revenues of $3.6 billion due to the improved ratings. The stock of Humana (HUM) surged approximately 13% in after-hours trading on October 8, reaching $436.55. The trigger for this movement was the new Medicare Advantage quality ratings for 2027 released by the US health agency CMS....
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