regulatory
confidence high
sentiment negative
materiality 0.75
CMS preliminary 2025 MA rates ~160 bps worse than Humana's flat-rate expectation; 2025 outlook unchanged
HUMANA INC
- CMS estimates average MA benchmark funding decrease of 0.16% in Advance Notice.
- Humana's analysis shows its benchmark change ~160 bps worse than expected flat rate.
- Primary drivers: proposed effective growth rate restatements and normalization factors.
- Company reaffirms 2025 Adjusted EPS growth outlook of $6 to $10.
- Final rates expected April 1, 2024; Humana will provide formal comments.