LOUISVILLE, Ky. (Feb. 7, 2012) BUSINESS WIRE — Humana Inc. (NYSE: HUM) today reported diluted earnings per common share (EPS) for the quarter ended Dec. 31, 2011, (4Q11) of $1.20, compared to $0.63 per share for the quarter ended Dec. 31, 2010 (4Q10). The year-over-year increase of $0.57 per share was primarily due to expenses incurred in 4Q10 that did not recur in 4Q11 together with higher favorable medical claims reserves development in 4Q11 than in 4Q10.
The 4Q10 expenses were due to reserves strengthening for the company’s closed block of long-term care business.
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