4 Healthcare Stock Stories for Weekend Investment Wellness
Humana Inc. (NYSE:HUM): Closing price $91.39
On Friday, Minnesota Attorney General Lori Swanson announced that she will request that the federal government investigate Humana’s Medicare Advantage policies, after discovering what she termed “significant problems” reported by Minnesota patients and medical providers. Affidavits collected from 25 Minnesotans indicated a pattern through which Humana turned down claims for medical services required by law, overcharged for co-payments and coinsurance, and did not disclose the providers that are in the network. Swanson’s office also found that Humana failed to follow procedures outlined by federal regulations for patients to appeal their cases.