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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Results
Our segment results were as follows for the three and nine months ended September 30, 2022 and 2021:
RetailGroup and SpecialtyHealthcare
Services
Eliminations/
Corporate
Consolidated
Three months ended September 30, 2022(in millions)
External revenues
Premiums:
Individual Medicare Advantage$16,007 $— $— $— $16,007 
Group Medicare Advantage1,792 — — — 1,792 
Medicare stand-alone PDP534 — — — 534 
Total Medicare18,333 — — — 18,333 
Fully-insured188 912 — — 1,100 
Specialty— 425 — — 425 
Medicaid and other1,610 — — — 1,610 
Total premiums20,131 1,337 — — 21,468 
Services revenue:
Home solutions— — 519 — 519 
Provider— — 159 — 159 
ASO and other10 197 — — 207 
Pharmacy— — 274 — 274 
Total services revenue10 197 952 — 1,159 
Total external revenues 20,141 1,534 952 — 22,627 
Intersegment revenues
Services— 14 5,466 (5,480)— 
Products— — 2,459 (2,459)— 
Total intersegment revenues— 14 7,925 (7,939)— 
Investment income48 118 172 
Total revenues20,189 1,551 8,880 (7,821)22,799 
Operating expenses:
Benefits17,420 1,052 — (88)18,384 
Operating costs1,903 427 8,435 (7,704)3,061 
Depreciation and amortization137 23 50 (28)182 
Total operating expenses19,460 1,502 8,485 (7,820)21,627 
Income (loss) from operations729 49 395 (1)1,172 
Gain on sale of KAH Hospice— — (240)— (240)
Interest expense— — — 102 102 
Other expense, net— — — 13 13 
Income (loss) before income taxes and equity in net earnings 729 49 635 (116)1,297 
Equity in net earnings (losses)— (5)— 
Segment earnings (loss)$737 $49 $630 $(116)$1,300 
Net loss attributable to noncontrolling interests— — — 
Segment earnings (loss) attributable to Humana$739 $49 $630 $(116)$1,302 
RetailGroup and SpecialtyHealthcare
Services
Eliminations/
Corporate
Consolidated
Three months ended September 30, 2021(in millions)
External revenues
Premiums:
Individual Medicare Advantage$14,642 $— $— $— $14,642 
Group Medicare Advantage1,737 — — — 1,737 
Medicare stand-alone PDP541 — — — 541 
Total Medicare16,920 — — — 16,920 
Fully-insured185 1,052 — — 1,237 
Specialty— 432 — — 432 
Medicaid and other1,296 — — — 1,296 
Total premiums18,401 1,484 — — 19,885 
Services revenue:
Home solutions— — 374 — 374 
Provider— — 110 — 110 
ASO and other— 198 — — 198 
Pharmacy— — 163 — 163 
Total services revenue— 198 647 — 845 
Total external revenues 18,401 1,682 647 — 20,730 
Intersegment revenues
Services10 5,087 (5,098)— 
Products— — 2,303 (2,303)— 
Total intersegment revenues10 7,390 (7,401)— 
Investment income (loss)38 (75)(33)
Total revenues18,440 1,695 8,038 (7,476)20,697 
Operating expenses:
Benefits16,207 1,282 — (173)17,316 
Operating costs1,669 421 7,634 (7,121)2,603 
Depreciation and amortization108 20 46 (24)150 
Total operating expenses17,984 1,723 7,680 (7,318)20,069 
Income (loss) from operations456 (28)358 (158)628 
Interest expense— — — 88 88 
Other income, net— — — (1,096)(1,096)
Income (loss) before income taxes and equity in net earnings 456 (28)358 850 1,636 
Equity in net earnings— — 15 — 15 
Segment earnings (loss)$456 $(28)$373 $850 $1,651 
RetailGroup and SpecialtyHealthcare
Services
Eliminations/
Corporate
Consolidated
Nine months ended September 30, 2022(in millions)
External revenues
Premiums:
Individual Medicare Advantage$49,751 $— $— $— $49,751 
Group Medicare Advantage5,524 — — — 5,524 
Medicare stand-alone PDP1,779 — — — 1,779 
Total Medicare57,054 — — — 57,054 
Fully-insured555 2,827 — — 3,382 
Specialty— 1,281 — — 1,281 
Medicaid and other4,720 — — — 4,720 
Total premiums62,329 4,108 — — 66,437 
Services revenue:
Home solutions— — 1,997 — 1,997 
Provider services— — 409 — 409 
ASO and other24 588 — — 612 
Pharmacy solutions— — 754 — 754 
Total services revenue24 588 3,160 — 3,772 
Total external revenues 62,353 4,696 3,160 — 70,209 
Intersegment revenues
Services— 42 15,970 (16,012)— 
Products— — 7,394 (7,394)— 
Total intersegment revenues— 42 23,364 (23,406)— 
Investment income133 10 73 222 
Total revenues62,486 4,748 26,530 (23,333)70,431 
Operating expenses:
Benefits54,352 3,143 — (387)57,108 
Operating costs5,309 1,255 25,089 (22,533)9,120 
Depreciation and amortization391 68 153 (85)527 
Total operating expenses60,052 4,466 25,242 (23,005)66,755 
Income (loss) from operations2,434 282 1,288 (328)3,676 
Gain on sale of KAH Hospice— — (240)— (240)
Interest expense— — — 293 293 
Other income, net— — — (16)(16)
Income (loss) before income taxes and equity in net earnings 2,434 282 1,528 (605)3,639 
Equity in net earnings (losses)16 — (15)— 
Segment earnings (loss)$2,450 $282 $1,513 $(605)$3,640 
Net loss (income) attributable to noncontrolling interests— (1)— 
Segment earnings (loss) attributable to Humana$2,452 $282 $1,512 $(605)$3,641 
RetailGroup and SpecialtyHealthcare
Services
Eliminations/
Corporate
Consolidated
Nine months ended September 30, 2021(in millions)
External Revenues
Premiums:
Individual Medicare Advantage$44,042 $— $— $— $44,042 
Group Medicare Advantage5,267 — — — 5,267 
Medicare stand-alone PDP1,867 — — — 1,867 
Total Medicare51,176 — — — 51,176 
Fully-insured545 3,229 — — 3,774 
Specialty— 1,298 — — 1,298 
Medicaid and other3,739 — — — 3,739 
Total premiums55,460 4,527 — — 59,987 
Services revenue:
Home solutions— — 423 — 423 
Provider services— — 298 — 298 
ASO and other17 582 — — 599 
Pharmacy solutions— — 482 — 482 
Total services revenue17 582 1,203 — 1,802 
Total external revenues 55,477 5,109 1,203 — 61,789 
Intersegment revenues
Services30 14,838 (14,869)— 
Products— — 6,716 (6,716)— 
Total intersegment revenues30 21,554 (21,585)— 
Investment income155 11 52 221 
Total revenues55,633 5,150 22,760 (21,533)62,010 
Operating expenses:
Benefits48,574 3,674 — (487)51,761 
Operating costs4,653 1,227 21,749 (20,903)6,726 
Depreciation and amortization320 63 127 (74)436 
Total operating expenses53,547 4,964 21,876 (21,464)58,923 
Income (loss) from operations2,086 186 884 (69)3,087 
Interest expense— — — 235 235 
Other income, net— — — (562)(562)
Income before income taxes and equity in net earnings2,086 186 884 258 3,414 
Equity in net earnings— — 69 — 69 
Segment earnings$2,086 $186 $953 $258 $3,483