With the increasing medical needs of an aging population, the health insurance industry is expected to keep growing. Moreover, the continued digitization and attractive insurance plans should contribute to the health insurance market’s growth in the near future. Therefore, both Humana (HUM) and Clover Health Investments (CLOV) should benefit.
HUM operates as a health and well-being company. The company offers medical and supplemental benefit plans to individuals. CLOV operates as a medicare advantage insurer. Through its Clover Assistant, the company provides preferred provider organization and health maintenance organization, health plans for medicare-eligible consumers.
