Optionality
constrained (the MOST) — ~85% government book means CMS sets the rates and Star ratings set the bonus dollars; a Star-ratings downgrade + weak ~$0.9B OCF leaves almost no free capital.
Sourced figures 2
- stockanalysis.com HUM cash-flow statement + financials buybacks cut to $151M FY25; OCF $921M FY25 — minimal dry powder
- kestrel board.yaml humana axes — estimate ~85% government MA/Medicaid, CMS-set rates; #2 Medicare Advantage insurer
the working
Threads 1
A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Humana.