1300 ET - Humana expects a muted impact from the Republican tax bill signed into law by President Trump. CEO James Rechtin on an earnings call notes that the health-insurance company's Medicaid footprint is largely in non-expansion states and tends to be skewed toward long-term support services populations. "These geographies are less impacted by the bill. So while the bill will certainly have some impact, we expect it to be more muted for us versus Medicaid broadly," Rechtin says. He adds that Humana remains committed to its Medicaid strategy and assumptions made at its investor day about margin progression. Shares rise 8.5% to $252.60 after raising its outlook for the year. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
July 30, 2025 13:00 ET (17:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.