Only 25% of Humana members will be in plans with four stars or above next year, down from 94% this year, the insurer disclosed Wednesday. The downgrade could wipe out Humana’s profits in 2026.
When Cigna considered a tie-up with Humana last year, Humana was worth about $60 billion. That made it a sizable target for Cigna, whose market value was then about $80 billion. Cigna eventually walke ...