Humana says will make progress towards 4.5%-5% pretax margin target in 2019

On the company’s Q2 earnings conference call, CFO Brian Kane said, “We’ve continually taken a balanced approach to growth and margin. We’ve said very clearly and we’ll reiterate today that we’re going to make meaningful progress on our margin targets towards our target of 4.5% to 5% on a pretax basis. We won’t get there next year, but as I said, we will make meaningful progress. We also believe we put a compelling product out on The Street. We believe our both our internal and external broker sales force are excited about the products that we plan to offer. And we feel good about our growth prospects for 2019.”

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