Humana prelim 2026 MA Star Ratings: 20% members in 4+ star plans, avg 3.61; reaffirms FY2025 EPS guidance

HUMANA INC

1.2M members (20%) in plans rated 4+ stars for 2026; average Star rating 3.61, consistent with 2025.
14% of members in 4.5 star plans in 2026, up from 3% in 2025.
Affirms FY2025 GAAP EPS ~$13.77 and adjusted EPS ~$17.00; no change to multiyear earnings plan.
Confident in 2026 Individual MA pricing/benefit design; expects double pre-tax margin ex-Stars and membership growth.
Anticipates return to Top Quartile for 2027 MA Star Ratings; contract diversification expected to raise % of members in 4+ star contracts for 2027.

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