Florida Medicare Advantage contracts generated $17.8B, representing 14% of total 2025 revenue

{
  "signal_id": "d877f5b1-8870-42fd-ad57-3b4912dbece5",
  "signal_type": "sec-10k",
  "signal_subtype": "customerConcentration",
  "detected_at": "2026-02-24T09:25:52.142+00:00",
  "company": {
    "name": "Humana",
    "domain": "humana.com"
  },
  "data": {
    "detail": "A high concentration of revenue ($17.8 billion) comes from Medicare Advantage contracts in Florida, making the company's financial performance highly sensitive to state-specific regulations, regional competition, and local market dynamics.",
    "metrics": {
      "pct": 0.14,
      "timeframe": "current_year",
      "pct_context": "of consolidated premiums and services revenue for the year ended December 31, 2025",
      "dollar_context": "premiums revenue from Florida contracts in 2025",
      "dollar_millions": 17800
    },
    "summary": "Florida Medicare Advantage contracts generated $17.8B, representing 14% of total 2025 revenue",
    "excerpts": "At December 31, 2025, we provided health insurance coverage under CMS contracts to approximately 5.2 million individual Medicare Advantage members, including approximately 1.0 million members in Florida. These Florida contracts accounted for premiums revenue of approximately $17.8 billion, which represented approximately 20% of our individual Medicare Advantage premiums revenue, or 14% of our consolidated premiums and services revenue for the year ended December 31, 2025.",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/49071/000004907126000009/hum-20251231.htm",
    "filing_date": "2026-02-19",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Diversification strategy",
    "signal_category": "market",
    "regions_mentioned": [
      "Florida"
    ]
  }
}

curl https://signals.autobound.ai/v1/signals/d877f5b1-8870-42fd-ad57-3b4912dbece5 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"humana.com","limit":20}'