Humana cuts 2019 membership forecast

Health insurance company Humana Inc. cut its full-year forecast for prescription drug plan memberships.

Humana now expects a drop of 750,000 to 800,000 members, compared with a previous forecast predicting a fall of 500,000.

However, the company raised its membership growth estimate for its individual Medicare Advantage products to a range of 350,000 to 400,000. That's 100,000 more than previously predicted.

Read more from Reuters.