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HUMNYSE
HUMANA INC
Hospital & Medical Service Plans · DE · CIK 49071
Humana provides health insurance and health care services to millions, aiming to improve their well-being
red 8-K · 90d🔥 High media attention
$45.53B
Market cap
$388.90
Last close
+1.3%
1D
+7.8%
5D
1.2M
Volume
Price · last 39 sessions+63.4%
May 4L $237.96 · H $388.90Jun 29
247
Total filings
Jun 24, 2026
Last filing
12/31
Fiscal year end
11-K11-KJun 24, 202611-K11-KJun 24, 20268-KReg FD DisclosureJun 1, 20268-KMaterial Agreement · New Debt / ObligationMay 19, 202610-Q10-QApr 29, 20268-KResults of Operations · Reg FD DisclosureApr 29, 20268-KShareholder VoteApr 20, 20268-KExecutive ChangeApr 10, 20268-KMaterial Agreement · New Debt / ObligationMar 9, 2026424B5424B5Mar 6, 2026DEFA14ADEFA14AMar 6, 2026DEF 14ADEF 14AMar 6, 2026424B5424B5Mar 5, 20268-KReg FD DisclosureMar 2, 202610-K10-KFeb 19, 20268-KResults of Operations · Reg FD DisclosureFeb 11, 20268-KExecutive Change · Reg FD DisclosureDec 16, 20258-KReg FD DisclosureDec 1, 202510-Q10-QNov 5, 20258-KResults of Operations · Reg FD DisclosureNov 5, 20258-KReg FD DisclosureOct 2, 20258-KReg FD DisclosureAug 29, 202510-Q10-QJul 30, 20258-KResults of Operations · Reg FD DisclosureJul 30, 202511-K11-KJun 17, 202511-K11-KJun 17, 20258-KReg FD DisclosureJun 2, 20258-KMaterial Agreement · New Debt / ObligationMay 30, 202510-Q10-QApr 30, 20258-KResults of Operations · Reg FD DisclosureApr 30, 20258-KShareholder VoteApr 18, 20258-KMaterial Agreement · New Debt / ObligationMar 31, 2025424B5424B5Mar 28, 2025424B5424B5Mar 26, 2025DEFA14ADEFA14AMar 7, 2025DEF 14ADEF 14AMar 7, 20258-KMaterial Agreement · New Debt / ObligationMar 5, 2025424B5424B5Mar 4, 2025424B5424B5Mar 3, 20258-KReg FD DisclosureMar 3, 202510-K10-KFeb 20, 20258-KResults of Operations · Reg FD DisclosureFeb 11, 20258-KExecutive Change · Reg FD DisclosureDec 3, 202410-Q10-QOct 30, 20248-KResults of Operations · Reg FD DisclosureOct 30, 20248-KExecutive ChangeOct 23, 20248-KReg FD DisclosureOct 2, 20248-KReg FD DisclosureSep 3, 202410-Q10-QJul 31, 20248-KResults of Operations · Reg FD DisclosureJul 31, 202411-K11-KJun 20, 202411-K11-KJun 20, 20248-KMaterial Agreement · New Debt / ObligationJun 5, 20248-KReg FD DisclosureJun 3, 20248-KExecutive ChangeMay 13, 202410-Q10-QApr 24, 20248-KResults of Operations · Reg FD DisclosureApr 24, 20248-KShareholder VoteApr 19, 20248-KMaterial Agreement · New Debt / ObligationMar 13, 2024424B5424B5Mar 12, 2024424B5424B5Mar 11, 2024DEFA14ADEFA14AMar 8, 2024DEF 14ADEF 14AMar 8, 20248-KReg FD DisclosureMar 5, 202410-K10-KFeb 15, 20248-KReg FD DisclosureFeb 5, 20248-KResults of Operations · Reg FD DisclosureJan 25, 20248-KResults of Operations · Reg FD DisclosureJan 18, 20248-KBylaw AmendmentDec 7, 20238-KReg FD DisclosureDec 1, 20238-KMaterial Agreement · New Debt / ObligationNov 9, 20238-KMaterial Agreement · Company UpdateNov 3, 2023424B5424B5Nov 3, 2023424B5424B5Nov 2, 202310-Q10-QNov 1, 20238-KResults of Operations · Reg FD DisclosureNov 1, 20238-KExecutive ChangeOct 11, 20238-KReg FD DisclosureSep 6, 20238-KExecutive ChangeAug 21, 202310-Q10-QAug 2, 2023
Insider Activity
In the 90 days to Feb 23, 2026: 1 insider bought $150K.
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| Feb 23, 2026 | Shetty Sanjay KPresident, CenterWell | Buy | 810 | $185.21 | $150K |
Open-market buys & sells (Form 4, transaction codes P/S). Source: SEC structured insider data.
What Changed
Risk factors · Feb 20, 2025 → Feb 19, 202614 added · 10 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.
Newly disclosed
- For example, in February 2024, Change Healthcare experienced a significant cybersecurity incident that disrupted its ability to provide services, impacting payers, providers and pharmacies nationwide, including us.
- In addition, changes to laws, regulations and guidance regarding how we may use AI/ML could make 22 it harder for us to conduct our business using AI/ML, require us to retrain our AI/ML, delete data produced by our AI/ML, or prevent or limit our use of AI/ML.
- Further, on May 21, 2025, CMS announced that it will conduct RADV audits for all eligible MA contracts for each payment year in all newly initiated audits and expedite the completion of RADV audits for PY 2018 through PY 2024 by early 2026.
- The Final RADV Rule, including the lack of a FFS Adjuster, and any related regulatory, industry or company reactions, the expansion of CMS's auditing efforts to include all eligible MA contracts, the acceleration of RADV audits for PY 2018 through PY 2024, other changes CMS may make to the RADV audit methodology for these years, and combination of these expanded auditing efforts with the application of the Final RADV Rule, could each have a material adverse effect on our results of operations, financial position, or cash flows.
- On September 25, 2025, the Court granted our motion for summary judgment and vacated the Final RADV Rule, finding that the Final RADV Rule was procedurally invalid under the APA because it was not a “logical outgrowth” of the Proposed RADV Rule.
- On November 21, 2025, the government notified the court of its appeal of that decision, which is now pending at the United States Court of Appeals for the Fifth Circuit and captioned Humana v Kennedy.
- Our use of AI/ML technologies could also result in additional compliance costs, regulatory investigations, actions, fines or penalties, and consumer or other lawsuits.
- These states restrict the entry of new providers or services and the expansion of existing providers or services in their state through a CON process, which is periodically evaluated and updated as required by applicable state law.
- There can be no assurances as to the final disposition of this lawsuit.
- See "Legal Proceedings and Certain Regulatory Matters" in Note 17 to the audited Consolidated Financial Statements included in Item 8. - Financial Statements and Supplementary Data.
- To the extent that we require a CON or other similar approvals to expand our operations, our expansion could be adversely affected by our inability to obtain the necessary approval.
- Any combination of these factors could further increase our cost of doing business and adversely affect our results of operations, financial position, and cash flows.
No longer disclosed
- In December 2022, we were awarded the next generation of TRICARE Managed Care Support Contracts, or T-5, for the updated TRICARE East Region by the Defense Health Agency of the DoD.
- The T-5 East Region contract commenced on January 1, 2025 and comprises 24 states, and Washington D.C., and approximately 4.6 million beneficiaries.
- We delivered services under the T2017 East Region contract from commencement on January 1, 2018 through expiration on December 31, 2024.
- Any combination of these factors could further increase our cost of doing business and adversely affect our results of operations, financial position, and cash flows. 24 See "Legal Proceedings and Certain Regulatory Matters" in Note 17 to the audited Consolidated Financial Statements included in Item 8. - Financial Statements and Supplementary Data.
- The length of the contract is one transition year followed by eight annual option periods, which, if all options are exercised, would result in a total contract length of nine years. • CMS uses a risk-adjustment model which adjusts premiums paid to Medicare Advantage, or MA, plans according to health status of covered members.
- These states restrict the entry of new providers or services and the expansion of existing providers or services in their state through a CON process, which is periodically evaluated and updated as required by applicable state law. 30 To the extent that we require a CON or other similar approvals to expand our operations, our expansion could be adversely affected by our inability to obtain the necessary approval.
- The transition period for the T-5 contract began in January 2024 and overlapped the final year of the T2017 contract.
- The Final RADV Rule, including the lack of a FFS Adjuster, and any related regulatory, industry or company reactions, could have a material adverse effect on our results of operations, financial position, or cash flows.
- Any of these events may have a material adverse effect on the provision of services to our members and our results of operations, financial position, and cash flows.
- The T2017 East Region contract comprised 32 states and approximately 6 million TRICARE beneficiaries.
In the News
🔥 High media attentionCoverage (30d): 12 reputable articles · skews ▲ positive.
MarketWatchHumana Inc. stock underperforms Friday when compared to competitors despite daily gains3d agoMarketWatchHumana Inc. stock outperforms competitors on strong trading day4d agoMarketWatchHumana Inc. stock underperforms Wednesday when compared to competitors12d agoMarketWatchHumana Inc. stock underperforms Tuesday when compared to competitors13d agoMarketWatchHumana Inc. stock rises Thursday, still underperforms market18d agoReutersHumana divests minority stake in hospice provider Gentiva20d ago
Reputable outlets only (Reuters, WSJ, CNBC, Barron's, and peers). More on Google News ↗
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