XML 43 R33.htm IDEA: XBRL DOCUMENT v3.22.2
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Results Our segment results were as follows for the three and six months ended June 30, 2022 and 2021:
RetailGroup and SpecialtyHealthcare
Services		Eliminations/
Corporate		Consolidated
Three months ended June 30, 2022(in millions)
External revenues
Premiums:
Individual Medicare Advantage$16,692 $— $— $— $16,692 
Group Medicare Advantage1,857 — — — 1,857 
Medicare stand-alone PDP606 — — — 606 
Total Medicare19,155 — — — 19,155 
Fully-insured185 943 — — 1,128 
Specialty— 427 — — 427 
Medicaid and other1,556 — — — 1,556 
Total premiums20,896 1,370 — — 22,266 
Services revenue:
Home solutions— — 752 — 752 
Provider— — 137 — 137 
ASO and other8 196 — — 204 
Pharmacy— — 256 — 256 
Total services revenue8 196 1,145 — 1,349 
Total external revenues 20,904 1,566 1,145 — 23,615 
Intersegment revenues
Services— 14 5,327 (5,341)— 
Products— — 2,489 (2,489)— 
Total intersegment revenues— 14 7,816 (7,830)— 
Investment income42 4 1 — 47 
Total revenues20,946 1,584 8,962 (7,830)23,662 
Operating expenses:
Benefits18,182 1,045 — (128)19,099 
Operating costs1,712 415 8,469 (7,423)3,173 
Depreciation and amortization131 23 50 (29)175 
Total operating expenses20,025 1,483 8,519 (7,580)22,447 
Income (loss) from operations921 101 443 (250)1,215 
Interest expense— — — 101 101 
Other income, net— — — (8)(8)
Income (loss) before income taxes and equity in net earnings 921 101 443 (343)1,122 
Equity in net earnings (losses)8 — (6)— 2 
Segment earnings (loss)$929 $101 $437 $(343)$1,124 
Less: noncontrolling interests— — (1)— (1)
Segment earnings (loss) attributable to Humana$929 $101 $436 $(343)$1,123 
RetailGroup and SpecialtyHealthcare
Services		Eliminations/
Corporate		Consolidated
Three months ended June 30, 2021(in millions)
External revenues
Premiums:
Individual Medicare Advantage$14,585 $— $— $— $14,585 
Group Medicare Advantage1,775 — — — 1,775 
Medicare stand-alone PDP662 — — — 662 
Total Medicare17,022 — — — 17,022 
Fully-insured182 1,078 — — 1,260 
Specialty— 432 — — 432 
Medicaid and other1,264 — — — 1,264 
Total premiums18,468 1,510 — — 19,978 
Services revenue:
Home solutions— — 25 — 25 
Provider— — 97 — 97 
ASO and other12 194 — — 206 
Pharmacy— — 163 — 163 
Total services revenue12 194 285 — 491 
Total external revenues 18,480 1,704 285 — 20,469 
Intersegment revenues
Services— 10 4,977 (4,987)— 
Products— — 2,261 (2,261)— 
Total intersegment revenues— 10 7,238 (7,248)— 
Investment income65 4 1 106 176 
Total revenues18,545 1,718 7,524 (7,142)20,645 
Operating expenses:
Benefits16,068 1,247 — (166)17,149 
Operating costs1,533 409 7,205 (7,031)2,116 
Depreciation and amortization108 22 41 (27)144 
Total operating expenses17,709 1,678 7,246 (7,224)19,409 
Income from operations836 40 278 82 1,236 
Interest expense— — — 79 79 
Other expense, net— — — 419 419 
Income (loss) before income taxes and equity in net earnings 836 40 278 (416)738 
Equity in net earnings— — 33 — 33 
Segment earnings (loss)$836 $40 $311 $(416)$771 
RetailGroup and SpecialtyHealthcare
Services		Eliminations/
Corporate		Consolidated
Six months ended June 30, 2022(in millions)
External revenues
Premiums:
Individual Medicare Advantage$33,744 $— $— $— $33,744 
Group Medicare Advantage3,732 — — — 3,732 
Medicare stand-alone PDP1,245 — — — 1,245 
Total Medicare38,721 — — — 38,721 
Fully-insured367 1,915 — — 2,282 
Specialty— 856 — — 856 
Medicaid and other3,110 — — — 3,110 
Total premiums42,198 2,771 — — 44,969 
Services revenue:
Home solutions— — 1,478 — 1,478 
Provider services— — 250 — 250 
ASO and other14 391 — — 405 
Pharmacy solutions— — 480 — 480 
Total services revenue14 391 2,208 — 2,613 
Total external revenues 42,212 3,162 2,208 — 47,582 
Intersegment revenues
Services— 28 10,504 (10,532)— 
Products— — 4,935 (4,935)— 
Total intersegment revenues— 28 15,439 (15,467)— 
Investment income85 7 3 (45)50 
Total revenues42,297 3,197 17,650 (15,512)47,632 
Operating expenses:
Benefits36,932 2,091 — (299)38,724 
Operating costs3,406 828 16,654 (14,829)6,059 
Depreciation and amortization254 45 103 (57)345 
Total operating expenses40,592 2,964 16,757 (15,185)45,128 
Income (loss) from operations1,705 233 893 (327)2,504 
Interest expense— — — 191 191 
Other income, net— — — (29)(29)
Income (loss) before income taxes and equity in net earnings 1,705 233 893 (489)2,342 
Equity in net earnings (losses)8 — (10)— (2)
Segment earnings (loss)$1,713 $233 $883 $(489)$2,340 
Less: noncontrolling interests— — (1)— (1)
Segment earnings (loss) attributable to Humana$1,713 $233 $882 $(489)$2,339 
RetailGroup and SpecialtyHealthcare
Services		Eliminations/
Corporate		Consolidated
Six months ended June 30, 2021(in millions)
External Revenues
Premiums:
Individual Medicare Advantage$29,400 $— $— $— $29,400 
Group Medicare Advantage3,530 — — — 3,530 
Medicare stand-alone PDP1,326 — — — 1,326 
Total Medicare34,256 — — — 34,256 
Fully-insured360 2,177 — — 2,537 
Specialty— 866 — — 866 
Medicaid and other2,443 — — — 2,443 
Total premiums37,059 3,043 — — 40,102 
Services revenue:
Home solutions— — 49 — 49 
Provider services— — 188 — 188 
ASO and other17 384 — — 401 
Pharmacy solutions— — 319 — 319 
Total services revenue17 384 556 — 957 
Total external revenues 37,076 3,427 556 — 41,059 
Intersegment revenues
Services— 20 9,751 (9,771)— 
Products— — 4,413 (4,413)— 
Total intersegment revenues— 20 14,164 (14,184)— 
Investment income117 8 2 127 254 
Total revenues37,193 3,455 14,722 (14,057)41,313 
Operating expenses:
Benefits32,367 2,392 — (314)34,445 
Operating costs2,984 806 14,115 (13,782)4,123 
Depreciation and amortization212 43 81 (50)286 
Total operating expenses35,563 3,241 14,196 (14,146)38,854 
Income from operations1,630 214 526 89 2,459 
Interest expense— — — 147 147 
Other expense, net— — — 534 534 
Income (loss) before income taxes and equity in net earnings1,630 214 526 (592)1,778 
Equity in net earnings— — 54 — 54 
Segment earnings (loss)$1,630 $214 $580 $(592)$1,832