Medical membership of Humana in the U.S. 2008-2023
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.
