Humana Shares Slide 13.49% Premarket After 2027 Medicare Advantage Rate Proposal

On Tuesday, January 27, 2026, Humana's stock dropped 13.49% in premarket trading to $228.00 after U.S. officials proposed a nearly flat 0.09% net average payment increase for Medicare Advantage plans in 2027. The move, far below prior expectations for a higher hike, pressured Humana and other major health insurers as investors reassessed profit outlooks tied to the Medicare Advantage business.