The revenue of Humana increased year-on-year from 2008 to 2023, except in 2017 when a slight drop was observed. In 2023, the total revenue generated by Humana reached a value of over 106 billion U.S. dollars - a significant increase from the previous year, and the highest revenue recorded during the time period under observation.
Background on Humana
Humana Inc. is a health insurance company headquartered in Louisville, Kentucky, which was founded in 1961. Their areas of focus include the retail, group and specialty, healthcare services, and individual commercial segments. The value of their assets increased between 2008 and 2017, but fell slightly in 2018. However, their medical membership experienced a jump in 2018 after remaining steady since 2014.
Humana compared with competitors
Humana is one of the largest health insurers in the United States by direct premiums written. Only UnitedHealth Group Inc. and Anthem Inc. wrote a larger volume of premiums in 2019. Anthem’s revenue is also increasing year-on-year, which suggests that the U.S. health insurance sector is profitable and will most likely remain so in the near future.
Revenue of Humana in the United States from 2008 to 2023
(in billion U.S. dollars)
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Humana, & U.S. Securities and Exchange Commission. (March 14, 2024). Revenue of Humana in the United States from 2008 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/
Humana, und U.S. Securities and Exchange Commission. "Revenue of Humana in the United States from 2008 to 2023 (in billion U.S. dollars)." Chart. March 14, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/
Humana, U.S. Securities and Exchange Commission. (2024). Revenue of Humana in the United States from 2008 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/
Humana, and U.S. Securities and Exchange Commission. "Revenue of Humana in The United States from 2008 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Mar 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/
Humana & U.S. Securities and Exchange Commission, Revenue of Humana in the United States from 2008 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/ (last visited November 10, 2024)
Revenue of Humana in the United States from 2008 to 2023 (in billion U.S. dollars) [Graph], Humana, & U.S. Securities and Exchange Commission, March 14, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/210638/revenue-of-humana/
