Thread regarding Humana Inc. layoffs

It's not that bad because wall streets can keep shorting this stock to pile up profits next year until 2026's star rating deduction becomes effective to really hurt its earnings from decrease in Medicare bonus payments. Medicare is Humana's 95%+ business now.

Humana Medicare Part C has been on the ropes for a while and near bankruptcy as have other Medicare Part C providers. The comon thread among them is that they mispriced the product. They have to raise the rates as well as cut the fat and expenses.

Humana is just a middle-man eating govt commission.

I would not be surprised if Amazon or other companies would replace them in the blink of an eye.

They keep spending money on technology without having to create any new features. It's running so inefficient that startup like CLOV is giving them competition, isn't that embarrassment?

The government pays for Medicare claims.

So if you are getting poor services then it's a greed of Insurance companies and government to blame.

On a lighter note
$175 Billion for Ukraine.
$150.7 Billion for illegal aliens.
But $750 for Americans.

Yet my mom is on Humana Medicare Advantage and last week they decided they no longer want to pay for her care. So they take her money every month from the only income she has (SSA) and now say....yeah well, we don't see the value in continuing paying for anything but the two cheap dr-gs she is on. So now I have to pay for her care out of her meager income. Yep, looking at switching to a company that actually cares about people. Wait, is there one?

Anyone can start insurance company, specifically selling govt Medicare policies. That’s what CLOV did.

Govt Medicare policies are sold heavily by agents, who sold that for heavy commission.

One makes more money on getting new customers and one gets less for a recurring customer.

Why would agents selling Medicare policies want to sell bad policies to their clients? This agents will now begin the process of switching the insurance companies.

There is lot going on. This are the known risks of companies doing business heavily with government agencies only.

Humana had a great opportunity to establish as a full blown health insurance.

Believe me or not there is a lot more uncertainty involved. Risk is more compared to reward and that’s why heavy downgrades.

Only way Humana can survive this storm is to make a significant employee count and offer value for the service. Competition for getting govt business is heating up and it is only going to get worse from here.

I honestly do not care what Wall Street thinks of Humana stock. Humana could take the 1.8 billion hit without mitigating losses and STILL make profit in 2026. I don’t care if Joe from JP Morgan gets his estimated return.

Cut the cost significantly and run as a startup

Why would a company need 67400 employees to deliver the same services? They significantly have to reduce their costs by reducing the employee count.

These 2 points are a joke. Unless Humana has a significant (or any) loss in membership, there are still over 8 million members that need to be served.

Humana, in a lot of areas, is already running at a low head count, those are insane points.