Q3 2020 Highlights from Company Earnings Release:

  • Total Revenues for the third quarter of $20.1 billion, an increase of 24% from the prior-year quarter
  • 92%, or 4.1 million members are currently enrolled in 4-Star and above contracts
  • Medicare Enrollment Comments:
    • Individual Medicare Advantage membership increased 382,600 members, or 10.8%, from September 30, 2019 to September 30, 2020
    • Group Medicare Advantage membership increased 88,100, or 16.8%, from September 30, 2019 to September 30, 2020
    • Medicare stand-alone PDP membership decreased 487,600 members, or 11.1%, from September 30, 2019 to September 30, 2020

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Medicare Advantage (Individual + Group MA) membership of 4,547,100 as of Q3, a 61,600 increase compared to the end of Q2 2020 and 470,700 increase from Q3 2019.

Humana 1

Medicare Supplement lives of 331,300 as of Q3, an increase of 6,700 lives compared to end of the Q2 2020 and 44,700 compared to the prior year Q3.

Humana 2

Contact: Jason Yoo, Director of Market Research; jyoo@csgactuarial.com;  855-861-8776 x1035