Company: HUM
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000049071-25-000023
Chunk: 18

Company: HUMANA INC
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 2
Chunk 18
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 323,200 97,300 30.1 %State-based contracts and other1,608,100 1,261,400 346,700 27.5 %Military services 4,588,900 5,955,300 (1,366,400)(22.9)%Commercial fully-insured (a)— 109,700 (109,700)(100.0)%Commercial ASO (a)— 77,700 (77,700)(100.0)%Total Medical Membership14,839,000 16,174,700 (1,335,700)(8.3)%Total Specialty Membership (b)4,688,400 4,653,200 35,200 0.8 %(a) Reflects the exit of the Employer Group Commercial Medical Products business. 

(b) We provide a full range of insured specialty products including dental, vision, and life insurance benefits marketed to individuals and groups. Members included in these products may not be unique to each product since members have the ability to enroll in a medical product and one or more specialty products.

ChangeThree months ended March 31,Three months ended March 31, 2025 vs 202420252024$%($ in millions)Premiums and Services Revenue:Premiums:Individual Medicare Advantage$22,681 $22,448$233 1.0 %Group Medicare Advantage2,322 1,989333 16.7 %Medicare stand-alone PDP1,448 821627 76.4 %Total Medicare26,451 25,2581,193 4.7 %Specialty benefits244 2395 2.1 %Medicare Supplement251 19754 27.4 %State-based contracts and other3,568 2,3111,257 54.4 %Commercial fully-insured — 256(256)(100.0)%Premiums revenue30,514 28,2612,253 8.0 %Services:Military services and other252 2511 0.4 %Commercial ASO — 24(24)(100.0)%Services revenue252 275(23)(8.4)%Total external revenues$30,766 $28,536$2,230 7.8 %Income from operations$1,574 $898$676 75.3 %Benefit ratio87