Humana profit rises on growth in retail, employer units

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Humana profit rises on growth in retail, employer units

By Caroline Humer (Reuters) - Health insurer Humana Inc said on Wednesday that its second-quarter profit rose 18 percent, helped by low medical costs and growth in both its direct-to-customer division and employer-based insurance unit. Chief Executive Officer Bruce Broussard said while government cutbacks to private Medicare plans for the elderly planned for 2014 were 'onerous', he still anticipates growth in sales of these plans directly to individuals. ...

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