Humana shares rise due to rating updates
Humana Inc. (NYSE: HUM) released its better performing Medicare Advantage star rating for 2027. The news attracted investors 'attention to Humana shares, and the market responded positively to its improved score.
The company said 95% of its Medicare Advantage members have joined plans with at least four stars. Among them, the 4.5-star plan covers 42% of Humana members.
More medical insurance contracts receive higher scores
For 2027, Humana has 6 medical insurance advantage contracts with a 4.5-star rating and 12 contracts with a four-star rating, an increase of 11 contracts from last year. The company's prescription drug contract also received a 4.5-star rating. Federal officials rank plans annually based on quality of care, customer service and member experience.
In addition, Humana reported completing 663,000 additional care opportunities compared to the same period last year. Through its outreach efforts, an additional 534,000 members participated in annual preventive visits.
Its outreach work helped 28,000 people complete overdue mammograms. Humana said those screenings found 600 cases of previously undetected breast cancer. Another 93,000 members completed overdue colorectal cancer screenings and found 100 cases of cancer or precancerous lesions. Among diabetic patients, 73,000 had overdue eye examinations, and 17,000 previously undetected diagnoses of related eye diseases were found.
Plans to open registration in 2027
The registration period for the Medicare Advantage Plan and the Prescription Drug Plan is from October 15 to December 7, 2026. Eligible individuals can compare ratings before choosing insurance. CMS reports that 71% of Medicare Advantage Drug Plan registrants will have contracts with a four-star rating or higher.
Insurance selected during the annual registration period will take effect on January 1, 2027. Humana's new rating will be displayed along with additional information used to compare available plans.
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