Individual Medicare Advantage was Humana’s largest revenue line in fiscal 2021, bringing in $58.65B of $79.82B (73%).
| Customer | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Individual Medicare Advantage | $35.66B | $43.13B | $51.70B | $58.65B | |||||
| Total Medicare | — | — | — | — | |||||
| Fully-Insured | $11.92B | $5.71B | $6.05B | — | |||||
| Group Medicare Advantage | — | $6.48B | $7.77B | $6.96B | |||||
| State-Based Contracts & Other | — | — | — | $5.11B | |||||
| Commercial Fully-Insured | — | — | — | $4.95B | |||||
| Medicare Stand-Alone Pdp | $3.58B | $3.17B | $2.74B | $2.37B | |||||
| Medicaid & Other | $4.55B | $2.90B | $4.22B | — | |||||
| Specialty | $1.36B | $1.57B | $1.70B | — | |||||
| Specialty Benefits | — | — | — | $1.05B | |||||
| Medicare Supplement | — | — | — | $731.00M | |||||
| Total | $57.07B | $62.95B | $74.19B | $79.82B |
Humana brought in $79.82B from its seven revenue lines in fiscal 2021, the year ended December 31, 2021. Humana regrouped these revenue lines after fiscal 2020, so the total does not compare directly with that year's $74.19B. Individual Medicare Advantage was the largest at $58.65B (73.5%), ahead of Group Medicare Advantage at $6.96B (8.7%) and State-Based Contracts & Other at $5.11B (6.4%). The other four revenue lines brought in $9.10B combined.
Compared with fiscal 2020, Individual Medicare Advantage grew fastest, up 13.5% to $58.65B, while Medicare Stand-Alone Pdp fell the most, down 13.5% to $2.37B.
Humana began breaking out State-Based Contracts & Other in fiscal 2021, Commercial Fully-Insured in fiscal 2021, Specialty Benefits in fiscal 2021 and Medicare Supplement in fiscal 2021. Humana stopped reporting Fully-Insured ($6.05B in fiscal 2020), Medicaid & Other ($4.22B in fiscal 2020) and Specialty ($1.70B in fiscal 2020) as separate revenue lines.
Commercial was Humana’s largest segment in fiscal 2008, bringing in $7.10B of $10.48B (68%).
| Segment Reporting Information, by Segment | FY 2008 |
|---|---|
| Commercial | $7.10B |
| Government | $3.38B |
| Total | $10.48B |
Humana brought in $10.48B from its two segments in fiscal 2008, the year ended December 31, 2008. Commercial was the largest at $7.10B (67.7%), ahead of Government at $3.38B (32.3%).
Humana (HUM) reports its revenue by customer and by segment reporting information, by segment. In fiscal 2021, Individual Medicare Advantage was its largest revenue line, bringing in $58.65B (73.5% of the total), followed by Group Medicare Advantage at $6.96B (8.7%).
Individual Medicare Advantage was Humana's largest revenue line in fiscal 2021, bringing in $58.65B, or 73.5% of the $79.82B total across its seven revenue lines.
Commercial was Humana's largest segment in fiscal 2008, bringing in $7.10B, or 67.7% of the $10.48B total across its two segments.
Every figure comes from Humana's annual financial filings, as reported. Each line keeps the name Humana gives it, and years follow its fiscal calendar.
Humana's revenue by customer goes back to fiscal 2013, with figures through fiscal 2021. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.