Even health insurers can catch a cold-and that has created a buying opportunity in Humana(HUM) stock, Jacob Sonenshine writes in this week’s edition of Barron’s. Humana, unlike some other insurers, focuses on older Americans. Medicare Advantage is where Humana really excels. The plans offer seniors a bundled set of benefits that provide Medicare Parts A, B, and D benefits and charge few out-of-pocket fees. That business generated nearly $73 billion in sales in 2022, or 80% of Humana’s insurance revenue. The company is the second-largest player in the space, trailing only UnitedHealth Group (UNH). As Medicare Advantage goes, so goes Humana, the author adds. Reference Link
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on UNH:
- 5 Best Healthcare Stocks to Invest in Now, According to Analysts
- DOJ drops effort to block UnitedHealth’s merger with Change, Law360 reports
- Tactile Systems appoints Birkemeyer as Chief Financial Officer
- UNH recommended by Indiana to serve Medicaid beneficiaries who are 60+
- 10 Stocks to Buy Before Their Ex-Dividend Dates Arrive, Week of March 6, 2023
Questions or Comments about the article? Write to editor@tipranks.com