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Tag: Centene Corp

Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs

Posted on January 25, 2024 By Admin No Comments on Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs
Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs

A Humana Inc. office building in Louisville, Kentucky, Feb. 3, 2019. Bloomberg | Bloomberg | Getty Images Shares of Humana plummeted 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…

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