Humana 2012 Annual Report Download - page 4

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3 2012 Annual Report
$10.00
$7.50
$5.00
$2.50
$0.00
2010 2011 2012
For 2012, consolidated revenues
increased 6 percent, to $39.13
billion, from $36.83 billion in 2011.
Medical membership of 12,088,800
rose 904,200, or 8 percent, over the
December 31, 2011 membership
of 11,184,600. Individual Medicare
Advantage and stand-alone Prescription
Drug Plan (PDP) membership each
grew by 18 percent during 2012,
with individual Medicare Advantage
and stand-alone PDP membership
approximating 1,927,600 and
2,985,600, respectively, at December
31, 2012. Membership in Humana’s
specialty products, including dental,
vision, and other supplemental benefit
plans, saw an 11 percent increase, rising
to 8,084,900 at December 31, 2012
from 7,315,100 a year earlier. Diluted
earnings per common share of $7.47
for the year ended December 31, 2012
resulted in a three-year compounded
annual growth rate of approximately
7 percent.
Humana’s 2012 results reflect the
continued implementation of the
company’s strategy – offering our
health plan members quality, affordable
care combined with a positive consumer
experience in growing markets. The
strategy’s engine is our integrated
care delivery model, which is designed
to seamlessly unite quality care and
high member engagement, enabled
by sophisticated data analytics. Our
model puts the primary care provider at
the center, providing and coordinating
care that is consistent, integrated,
cost-effective and member-focused.
Through aligned incentives and real-
time actionable information, the model
is designed to improve health outcomes
and affordability for individuals and for
the health system as a whole, while
offering Humana members a simple,
seamless health care experience.
Diluted Earnings per Common Share Putting the primary
care provider at
the center of our
integrated care
delivery model
provides coordinated
care that is consistent,
cost-effective and
member-focused.
2012 in review