Humana 2011 Annual Report Download - page 133

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Humana Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Retail
Employer
Group
Health and
Well-Being
Services
Other
Businesses
Eliminations/
Corporate Consolidated
(in millions)
2009
Revenues—external customers
Premiums:
Medicare Advantage .......... $15,333 $1,080 $ 0 $ 0 $ 0 $16,413
Medicare stand-alone PDP ...... 2,323 5 0 0 0 2,328
Total Medicare ........... 17,656 1,085 0 0 0 18,741
Fully-insured ................ 638 5,547 0 0 0 6,185
Specialty .................... 55 834 0 0 0 889
Military services ............. 0 0 0 3,427 0 3,427
Medicaid and other ........... 0 0 0 685 0 685
Total premiums .......... 18,349 7,466 0 4,112 0 29,927
Services revenue:
Provider .................... 0 0 17 0 0 17
ASO and other ............... 10 370 0 123 0 503
Pharmacy ................... 0 0 0 0 0 0
Total services revenue ..... 10 370 17 123 0 520
Total revenues—external customers ...... 18,359 7,836 17 4,235 0 30,447
Intersegment revenues
Services ........................ 0 14 8,003 0 (8,017) 0
Products ........................ 0 0 949 0 (949) 0
Total intersegment revenues ............ 0 14 8,952 0 (8,966) 0
Investment income .................... 88 48 0 23 137 296
Total revenues ................... 18,447 7,898 8,969 4,258 (8,829) 30,743
Operating expenses:
Benefits ........................ 14,988 6,289 0 3,705 (198) 24,784
Operating costs .................. 1,985 1,533 8,768 431 (8,703) 4,014
Depreciation and amortization ....... 115 89 18 25 (10) 237
Total operating expenses ....... 17,088 7,911 8,786 4,161 (8,911) 29,035
Income (loss) from operations ........... 1,359 (13) 183 97 82 1,708
Interest expense ...................... 0 0 0 0 106 106
Income (loss) before income taxes ....... $ 1,359 $ (13) $ 183 $97 $(24) $ 1,602
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