SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Results

Our segment results were as follows for the three months ended March 31, 2022 and 2021:

	Retail		Group and Specialty		Healthcare Services		Eliminations/ Corporate		Consolidated
Three months ended March 31, 2022	(in millions)
External revenues
Premiums:
Individual Medicare Advantage	$	17,052	$	—	$	—	$	—	$	17,052
Group Medicare Advantage	1,875		—		—		—		1,875
Medicare stand-alone PDP	639		—		—		—		639
Total Medicare	19,566		—		—		—		19,566
Fully-insured	182		972		—		—		1,154
Specialty	—		429		—		—		429
Medicaid and other	1,554		—		—		—		1,554
Total premiums	21,302		1,401		—		—		22,703
Services revenue:
Home solutions	—		—		726		—		726
Provider services	—		—		113		—		113
ASO and other	6		195		—		—		201
Pharmacy solutions	—		—		224		—		224
Total services revenue	6		195		1,063		—		1,264
Total external revenues	21,308		1,596		1,063		—		23,967
Intersegment revenues
Services	—		14		5,177		(5,191)		—
Products	—		—		2,446		(2,446)		—
Total intersegment revenues	—		14		7,623		(7,637)		—
Investment income	43		3		2		(45)		3
Total revenues	21,351		1,613		8,688		(7,682)		23,970
Operating expenses:
Benefits	18,750		1,046		—		(171)		19,625
Operating costs	1,694		413		8,185		(7,406)		2,886
Depreciation and amortization	123		22		53		(28)		170
Total operating expenses	20,567		1,481		8,238		(7,605)		22,681
Income (loss) from operations	784		132		450		(77)		1,289
Interest expense	—		—		—		90		90
Other income, net	—		—		—		(21)		(21)
Income before income taxes and equity in net earnings	784		132		450		(146)		1,220
Equity in net losses	—		—		(4)		—		(4)
Segment earnings	$	784	$	132	$	446	$	(146)	$	1,216
Less: noncontrolling interests	—		—		—		—		—
Segment earnings attributable to Humana	$	784	$	132	$	446	$	(146)	$	1,216

	Retail		Group and Specialty		Healthcare Services		Eliminations/ Corporate		Consolidated
Three months ended March 31, 2021	(in millions)
External Revenues
Premiums:
Individual Medicare Advantage	$	14,815	$	—	$	—	$	—	$	14,815
Group Medicare Advantage	1,755		—		—		—		1,755
Medicare stand-alone PDP	664		—		—		—		664
Total Medicare	17,234		—		—		—		17,234
Fully-insured	178		1,099		—		—		1,277
Specialty	—		434		—		—		434
Medicaid and other	1,179		—		—		—		1,179
Total premiums	18,591		1,533		—		—		20,124
Services revenue:
Home solutions	—		—		24		—		24
Provider services	—		—		91		—		91
ASO and other	5		190		—		—		195
Pharmacy solutions	—		—		156		—		156
Total services revenue	5		190		271		—		466
Total external revenues	18,596		1,723		271		—		20,590
Intersegment revenues
Services	—		10		4,774		(4,784)		—
Products	—		—		2,152		(2,152)		—
Total intersegment revenues	—		10		6,926		(6,936)		—
Investment income	52		4		1		21		78
Total revenues	18,648		1,737		7,198		(6,915)		20,668
Operating expenses:
Benefits	16,299		1,145		—		(148)		17,296
Operating costs	1,451		397		6,910		(6,751)		2,007
Depreciation and amortization	104		21		40		(23)		142
Total operating expenses	17,854		1,563		6,950		(6,922)		19,445
Income from operations	794		174		248		7		1,223
Interest expense	—		—		—		68		68
Other expense, net	—		—		—		115		115
Income (loss) before income taxes and equity in net earnings	794		174		248		(176)		1,040
Equity in net earnings	—		—		21		—		21
Segment earnings (loss)	$	794	$	174	$	269	$	(176)	$	1,061