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Health insurer Humana 3Q profit jumps on government programs

By Associated Press
Monday, November 2, 2009 -
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LOUISVILLE, Ky. — Health insurer Humana Inc. rode its strong government business in posting a 65 percent jump in third-quarter profit today, as bulging membership and premiums from Medicare Advantage overcame a lackluster commercial segment hampered by the weak economy.

Louisville-based Humana said its quarterly revenue rose 8 percent as enrollment in its Medicare Advantage offerings grew 11 percent from a year ago.

 
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