Humana Completes Acquisition of CompBenefits

Acquisition Adds Large Group Dental and Vision Benefit Capability to Humana Portfolio

Category:

Monday, October 1, 2007 1:01 pm EDT

Dateline:

LOUISVILLE, Ky.

Public Company Information:

NYSE:
HUM
US4448591028

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that it has completed its acquisition of CompBenefits Corporation, an Atlanta, Ga.-based dental and vision benefits company.

CompBenefits is a leading full-service provider of dental and vision benefit plans to approximately 2.3 million dental members and 2.5 million vision members nationwide. The company serves more than 14,000 employer groups in 22 states, primarily in the South and Midwest. CompBenefits revenues for the year ended December 31, 2006, approximated $345 million.

As previously disclosed, this transaction is not anticipated to impact Humanas guidance for 2007 diluted earnings per common share, with accretion of $0.05 to $0.08 per share expected in 2008.

Cautionary Statement

This news release contains statements and earnings guidance points that are forward-looking. The forward-looking items herein are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking items may be significantly impacted by certain risks and uncertainties described in the companys Form 10-K for the year ended December 31, 2006; Form 10-Qs for the quarters ended March 31, 2007, and June 30, 2007; and Form 8Ks filed during 2007 with the Securities and Exchange Commission.

About Humana

Humana Inc., headquartered in Louisville, Ky., is one of the nations largest publicly traded health benefits companies, with approximately 11.3 million medical members. Humana offers a diversified portfolio of health insurance products and related services through traditional and consumer-choice plans to employer groups, government-sponsored plans, and individuals.

Over its 46-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.

More information regarding Humana is available to investors via the Investor Relations page of the companys web site at www.humana.com, including copies of:

  • Annual reports to stockholders;
  • Securities and Exchange Commission filings;
  • Most recent investor conference presentations;
  • Quarterly earnings news releases;
  • Replays of most recent earnings release conference calls;
  • Calendar of events (includes upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors);

  • Corporate Governance information.

Contact:

Humana Corporate Communications
Tom Noland, 502-580-3674
tnoland@humana.com
or
Humana Investor Relations
Regina Nethery, 502-580-3644
rnethery@humana.com