BUZZ-Humana falls after withdrawing 2025 profit forecast

Reuters04-24

(Updates)

** Health insurer Humana's shares fall ~4% to $315.02

** Co

withdrew

its already downscaled 2025 profit forecast, citing disappointing government Medicare reimbursement rates

** Says it would provide more specific outlook once it has better clarity

** HUM had already slashed the profit forecast to between $22 and $26 per share from $37 in

January

** Co reports Q1 profit of $7.23/shr vs est $6.12/shr - LSEG

** Co saw a jump in medical benefit ratio - percentage of premiums spent on medical care - to 88.9% for the quarter from 85.5% last year

** Including session's move, stock down 31.7% YTD

(Reporting by Mariam Sunny and Christy Santhosh in Bengaluru)

((Mariam.ESunny@thomsonreuters.com))

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