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HUMANA ESTIMATES SECOND QUARTER RESULTS

 HUMANA ESTIMATES SECOND QUARTER RESULTS
 LOUISVILLE, Ky., March 9 /PRNewswire/ -- Humana Inc. (NYSE: HUM)


said its earnings per share in the three months ended February 29, the fiscal second quarter, are likely to be in the range of 53 to 55 cents when they are reported next week. This compares with 56 cents earned in the comparable period a year ago, adjusted for a 3-for-2 stock split.
 The company attributed the results to factors affecting both its hospital and health plan businesses, including negative stories from some media.
 Hospital revenue growth in the second quarter failed to keep pace with cost increases as the trend to discounting hospital prices accelerated. Admissions on a same-hospital basis increased modestly compared with a year ago, but patient days declined slightly.
 The profitability of the company's health plans continued to improve in the second quarter. The rate of increase, however, slowed because enrollment in the company's health plans grew at a lesser rate than a year ago.
 Humana is an integrated healthcare company that owns and operates 79 hospitals and offers a variety of health benefit plans for employee groups and Medicare beneficiaries, covering 1.7 million persons.
 -0- 3/9/92
 /CONTACT: Tyree G. Wilburn, 502-580-1222, or Charles E. Teeple, 502-580-3613, both of Humana, Inc./
 (HUM) CO: Humana, Inc. ST: Kentucky IN: HEA SU: ERN


CM -- CH010 -- 6356 03/09/92 11:10 EST
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 9, 1992
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