Press Releases

  • 2/14/17 4:15 pm EST
    • The company is continuing to build upon its integrated care delivery strategy to intensify its focus on the rapidly growing Medicare Advantage population and deepen its Healthcare Services platform
    • Full-year 2017 earnings per diluted common share guidance of $16.65 to $16.85 GAAP; Adjusted EPS guidance of $10.80 to $11.00
    • Company to exit its Individual Commercial business January 1, 2018
    • New share repurchase authorization includes plan for first quarter 2017 $1.5 billion accelerated share repurchase with $500 million in additional repurchases through remainder of 2017
    • Cash dividend of $0.40 per share declared, a nearly 40 percent increase from prior dividend of $0.29 per share
    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced the mutual termination of its merger agreement with Aetna Inc. (Aetna), following a ruling from the United States District Court for the District of Columbia granting a United States Department of Justice request to enjoin the merger. Under the terms of the merger agreement, Humana is entitled to a breakup fee of $1 billion, or approximately $630 million, net of tax. “The healthcare industry is inmore...
  • 2/14/17 7:00 am EST
    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced the mutual termination of its merger agreement with Aetna Inc. (Aetna), following a ruling from the United States District Court for the District of Columbia granting a United States Department of Justice request to enjoin the merger. Under the terms of the merger agreement, Humana is entitled to a breakup fee of $1 billion, or approximately $630 million, net of tax. As previously disclosed, themore...
  • 2/8/17 6:30 am EST
    • Full-year 2016 earnings per diluted common share (EPS) of $4.07 on a GAAP basis, $9.57 Adjusted EPS
    • 4Q 2016 loss per common share of $2.68 on a GAAP basis, Adjusted earnings of $2.09 per diluted common share
    • 4Q 2016 reserve strengthening for non-strategic closed block of long-term care insurance business of $505 million included in GAAP results but excluded from Adjusted results
    • Core business continued strong performance; individual commercial medical in line with prior expectations
    • Full-year 2017 earnings guidance and update on Aetna transaction to be provided no later than February 16, 2017; conference call to be held at that time
    • Company comments on proposed changes to 2018 Medicare Advantage payments
    • James E. Murray, Executive Vice President and Chief Operating Officer, to retire March 31, 2017
    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today reported pretax results and results per common share for the quarter ended December 31, 2016 (4Q 2016) versus the quarter ended December 31, 2015 (4Q 2015) and for the year ended December 31, 2016 (FY16) versus the year ended December 31, 2015 (FY15) as followsmore...
  • 2/2/17 2:30 pm EST
    LOUISVILLE, Ky. & SAN FRANCISCO--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) and Omada Health today announced the publication of research suggesting that Omada’s digital health program can be an effective strategy for reducing chronic disease risk in older adults. The study, published in the Journal of Aging and Health , followed a total of 501 patients with Humana Medicare Advantage insurance and an average age of 68.8 years who were at high risk of developing diabetes.more...
  • 1/19/17 11:30 am EST

    Humana honors employers for engaging employees in improving personal health behavior

    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM), one of the country’s leading health and well-being companies, has awarded three Wisconsin employers a Total Health Thriving Together Award for building a culture of health and well-being for their employee workforce. The award recognizes Central High School in the District of Westosha, Milwaukee Academy of Science and Cooperative Educational Service Agency #1 (CESA #1) of Pewaukee for achieving one of the bestmore...
  • 1/17/17 1:30 pm EST

    On-site pharmacies offer convenience and streamlined communications for patients at the Orchard Park and Anderson locations

    GREENVILLE, S.C.--(BUSINESS WIRE)--Partners in Primary Care is making it more convenient for patients at its Orchard Park and Anderson medical centers to fill their prescriptions with an on-site pharmacy. The integrated retail Humana Inc. (NYSE: HUM) pharmacy aims to provide Medicare patients of Partners in Primary Care with clinical support and a full-service pharmacy in the same building as their physician’s office. The pharmacies accept Humana Medicaremore...
  • 12/14/16 1:45 pm EST

    Humana has streamlined the number of quality metrics it uses, seeking to reduce care administration for physicians, eliminate inconsistencies, and prioritize metrics tied to health outcomes

    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced it has implemented a Clinical Quality Metrics Alignment (CQMA) program to streamline and standardize the set of clinical quality metrics used for physicians. The program will support physicians who are participating in value-based payment relationships with Humana. In addition, the reduction of clinical measures will also help physicians, currently in fee-for-service agreements with Humana, inmore...
  • 12/8/16 5:00 pm EST
    • Risk corridor receivables outstanding no longer deemed collectible given recent court ruling
    • Statutory capital associated with risk corridor receivables previously fully funded by parent company
    • Updated 2016 EPS projections of approximately $6.09 GAAP and approximately $9.50 Adjusted
    • Core business operations continue to perform as previously expected
    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today announced that a change in interpretation of the Affordable Care Act (ACA) associated with a recent court decision(a) involving parties unrelated to the company now requires the company, under applicable accounting rules, to write-off essentially all of the $591 million in receivables associated with the risk corridor premium stabilization program(b) outstanding as of September 30, 2016. The company anticipatesmore...
  • 12/7/16 1:00 pm EST

    Relationship will help create healthier communities, improve quality and reduce costs of health care services

    DENVER & LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Medicare Advantage members in Colorado now have access to a new health care model known as value-based care, thanks to a relationship between population health leader FullWell and health and well-being leader Humana Inc. (NYSE: HUM). The arrangement is designed to offer a more proactive and wellness-focused health care experience and financially reward doctors for high quality care. This value-based agreement unitesmore...
  • 12/6/16 2:15 pm EST

    New rankings recognize companies performing best on Americans’ top priorities

    LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) has been named America’s Most JUST Company in the Health Care Providers and Services industry, according to JUST Capital and Forbes magazine’s inaugural “JUST 100 List,” which for the first time ranks the publicly traded companies in the U.S. that perform best on the things Americans care most about. Humana ranked No. 1 out of 27 companies in the Health Care Providers and Services industry based on onemore...