Humana, Centene Miss on MLR; Cigna Beats Expectations in 4Q

Health insurers continued to struggle with their medical loss ratios in the fourth quarter of 2019, with Humana Inc. and Centene Corp. each posting MLRs that missed analysts’ expectations and indicated higher medical expenses in specific segments.

Centene joined Anthem, Inc., in blaming costs from an early flu season in part for its elevated MLR, while Humana tagged shifts in its Medicare business for its own raised MLR. Anthem reported its earnings on Jan. 29 (HPW 2/3/20, p. 6).

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