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Health insurer Humana Q2 profit nearly doubles

Health insurer Humana Inc reported a 94.5% rise in quarterly profit on Wednesday, as it benefited from people delaying non-emergency medical procedures due to the COVID-19 pandemic.

Aug 5 (Reuters) - Health insurer Humana Inc HUM.N reported a 94.5% rise in quarterly profit on Wednesday, as it benefited from people delaying non-emergency medical procedures due to the COVID-19 pandemic.

The company said net income rose to $1.83 billion, or $13.75 per share in the second quarter, from $940 million, or $6.94 per share, a year earlier.

Revenue rose to $19.08 billion from $16.25 billion.

(Reporting By Mrinalika Roy and Trisha Roy in Bengaluru; Editing by Amy Caren Daniel)

((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 806749 8325;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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