The number of medical members in Humana in the United States generally increased between 2008 and 2023, albeit with some fluctuation. Total medical membership numbers increased from approximately 11.6 million in 2008 to approximately 16.9 million as of 2023. Medical membership is an emerging alternative to traditional health insurance, which gives members access to unlimited doctor visits and discounts for medication and lab tests in return for a modest monthly fee. It is seen as more efficient than health insurance, because it covers basic primary health care needs and doesn’t require patients to file insurance claims. Who are Humana? Humana is one of the largest health insurance companies in the United States and is headquartered in Louisville, Kentucky. The company was founded in 1961 and currently operates in the retail, group and specialty, healthcare services, and individual commercial segments. Their revenue has been increasing year-on-year over the past decade. Anthem vs Humana Anthem Inc. has a larger market share in the U.S. health insurance sector than Humana in terms of premiums written. Anthem’s medical membership is more than double that of Humana’s, but Humana’s membership is rising more quickly.

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The revenue of Humana increased year-on-year from 2008 to 2024, except in 2017 when a slight drop was observed. In 2024, the total revenue generated by Humana reached a value of over 117 billion U.S. dollars - a significant increase from the previous year, and the highest revenue recorded during the time period under observation. Background on HumanaHumana Inc. is a health insurance company headquartered in Louisville, Kentucky, which was founded in 1961. Their areas of focus include the retail, group and specialty, healthcare services, and individual commercial segments. The value of their assets increased between 2008 and 2017, but fell slightly in 2018. However, their medical membership experienced a jump in 2018 after remaining steady since 2014. Humana compared with competitorsHumana is one of the largest health insurers in the United States by direct premiums written. Only UnitedHealth Group, Anthem, and Centene wrote a larger volume of premiums in 2021. Anthem’s (now Elevance Health) revenue is also increasing year-on-year, which suggests that the U.S. health insurance sector is profitable and will most likely remain so in the near future.