November 6, 2019 / 11:41 AM / a month ago

CORRECTED-Health insurer Humana posts 14% rise in third-quarter revenue

(Corrects paragraph 2 to say net income “rose”, not “fell”)

Nov 6 (Reuters) - Humana Inc reported a 14% rise in third-quarter revenue on Wednesday, helped by higher sales in its business that sells government-backed Medicare Advantage health plans.

Net income rose to $689 million, or $5.14 per share, in the quarter ended Sept. 30, from $644 million, or $4.65 per share, a year earlier.

Total revenue rose to $16.24 billion from $14.21 billion. (Reporting by Saumya Sibi Joseph and Tamara Mathias in Bengaluru; Editing by Arun Koyyur)

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