S&P 500Health Care· USA

HUM

Dependent

Humana

$198.23

+3.15%

Open $191.00·Prev $192.18

as of 13 Apr

DEPENDENT

Power Core

Humana's moat is the operational infrastructure optimized for managing the health outcomes of seniors enrolled in Medicare Advantage, a capability that is deep but narrow and ultimately subordinate to government reimbursement rules.

Published1 Apr 2026

UniverseS&P 500

SectorHealth Care

↓

Direction of Movement

Structural Headwinds Across Ratings, Reimbursement, and Costs

ROC 200

-24.4%

Referenced in 19 other analyses

Financials