Humana profit jumps, but sees lower 2010 profit
Health insurer Humana Inc
But the large provider of Medicare plans also projected a decline in profit in 2010. Health insurers face lower reimbursement from the government next year in Medicare.
Net income was $301.5 million, or $1.78 per share, compared with $183 million, or $1.09 per share, a year earlier, when the company was hit by investment losses.
Analysts on average expected $1.77 per share, according to Thomson Reuters I/B/E/S.
(Reporting by Lewis Krauskopf; Editing by Derek Caney)
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