{"schema_version":"secwatch.filing_event.v1","accession":"0000049071-24-000045","form_type":"8-K","ticker":"HUM","cik":"0000049071","company_name":"HUMANA INC","filed_at":"2024-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.764204+00:00","generated_at":"2026-05-30T22:52:28.925512+00:00","sec_items":["7.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Humana's 2025 Medicare Advantage Star Ratings drop sharply, impacting 2026 bonus payments","bullets":["Only 25% of Humana's MA members are in plans rated 4 stars+ for 2025, down from 94% in 2024.","Contract H5216, covering ~45% of MA membership, fell to 3.5 stars from 4.5 in 2024.","Humana is appealing potential CMS calculation errors and expects no impact on 2024-2025 financial results.","The company faces increased risk in achieving its individual MA margin target of at least 3% by 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0000049071-24-000045","json":"https://secwatch.observer/filing/0000049071-24-000045.json","markdown":"https://secwatch.observer/filing/0000049071-24-000045.md","text":"https://secwatch.observer/filing/0000049071-24-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/49071/000004907124000045/0000049071-24-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/49071/000004907124000045/hum-20241002.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T22:52:28.925512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}