Humana 2005 Annual Report Download - page 4

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solutions
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To our Stockholders:
In 2005, Humana achieved a fi fth consecutive year of
strong earnings growth, as we increased our Medicare
membership and extended our leadership in health
benefi ts consumerism. More importantly, the steps we
took in 2005 to prepare for unprecedented Medicare
expansion opportunities this year left us superbly
positioned for further growth in 2006 and beyond.
We achieved this success because of our focus on the
individual consumer. In all our businesses, we use a
combination of face-to-face interaction and sophisticated
technology to meet people’s diverse health benefi t needs
while relentlessly driving consumerism throughout our
diversifi ed enterprise. This is equally true in Medicare,
TRICARE (in which we offer health benefi ts to military
families and retirees through a contract with the U.S.
Department of Defense) and our Commercial business.
Humana’s success is also a result of our management team’s
ability to plan for the long-term while delivering in the
short-term. Our early start last year on new Medicare
opportunities should allow us to accelerate growth
$0.50
$0.00
$1.00
$1.50
$2.00
Diluted Earnings per Common Share
2001 2002 2003 2004 2005
2 Annual Report 2005