Humana Shares Surge as Result of New Medicare Advantage Reimbursement Rates

While the rest of the market dropped sharply, shares of Humana surged as high as 6 percent earlier this week after the Centers for Medicare and Medicaid Services indicated Medicare Advantage reimbursement rates will rise next year instead of fall, according to a news release.

Humana shares took a 4 percent jump, ending Tuesday at $63.95. Shares of HealthSpring, another Medicare Advantage beneficiary, also surged. Those shares climbed 2.5 percent to $38, according to the report.

Read the news release about Humana shares.

Read other coverage about Humana:

- Kentucky's Norton Healthcare, Humana Form ACO

- Americans Using Less Healthcare, Big Insurers Report

- Humana to Implement Meaningful EHR Use as Part of New Rewards Program

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