BUZZ-Humana shares rise on improved “Federal Medicare Advantage Plan” ratings

October 9 - ** Humana Inc HUM.N shares soared 14.4% in pre-market trading to $443

** According to U.S. government data, 95% of HUM members (link) enrolled in the "Medicare Advantage" plan received a four-star rating or higher for the 2027 assessment year

** Higher star ratings are crucial for insurance companies, as they bring government bonuses and can boost plan enrollment

** Oppenheimer analysts estimate that the improved rating could generate an additional $3.6 billion in revenue for the company

** By contrast, according to Oppenheimer, average ratings for competitors UnitedHealth Group UNH.N and CVS Health CVS.N declined by 15% compared to last year, while ratings for Elevance (ELV.N) and Centene (CNC.N) also decreased

** As of the previous trading session's close, HUM has risen 51% so far this year, while UNH, CVS, and ELV rose between 10% and 14.4%, and CNC surged 57%

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