Press Releases

  • 5/31/06 12:09 pm EDT
    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 31, 2006--Humana Inc. (NYSE: HUM) announced today the completion of a public offering of $500 million of its 6.45 percent Senior Notes, due June 1, 2016, at 99.709 percent of the principal amount ("Senior Notes due 2016"). Citigroup Global Markets Inc. and Wachovia Capital Markets, LLC acted as the joint book running managers for the Senior Notes due 2016. The timing of this offering anticipates the maturing on August 1, 2006 of the $300 million inmore...
  • 5/30/06 11:02 am EDT
    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 30, 2006--Humana Inc. (NYSE:HUM) came out on top among national payers in an index created to measure the performance of health benefits companies when paying medical claims, according to criteria important to doctors. The index was created by Physicians Practice, a respected medical journal, and athenahealth, a medical service and software provider that handles millions of claims annually. The "PayerView Index" includes seven criteria, such as howmore...
  • 5/24/06 4:04 pm EDT
    OLDWICK, N.J.--(BUSINESS WIRE)--May 24, 2006--A.M. Best Co. has assigned a debt rating of "bbb-" to the forthcoming $500 million 10 year senior unsecured notes to be issued by Humana Inc. (Humana) (Louisville, KY) (NYSE: HUM). The outlook for this rating is negative. The financial strength ratings assigned to the group's operating companies remain unchanged. Humana will issue the securities from its existing universal shelf registration, which was filed on March 31, 2006. Humana is expectedmore...
  • 5/23/06 12:51 pm EDT
    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 23, 2006--Humana Inc. (NYSE:HUM) has launched its Medication Therapy Management (MTM) program as required by the Medicare Modernization Act of 2003 and within the required timelines of The Centers for Medicare and Medicaid Service (CMS) for all Medicare Part D plan sponsors. Humana's program has been designed to assist beneficiaries optimize therapeutic outcomes, decrease the likelihood of adverse drug events and prevent over- or under-utilization ofmore...
  • 5/19/06 5:33 pm EDT
    OLDWICK, N.J.--(BUSINESS WIRE)--May 19, 2006--A.M. Best Co. has taken various rating actions on the financial strength ratings (FSR), issuer credit ratings (ICR) and debt ratings of Humana Inc (Humana) (NYSE: HUM) (Louisville, KY) and its insurance and HMO subsidiaries. The outlook for the FSRs, ICRs and debt ratings has been revised to negative from stable. (See below for a detailed list of ratings.) A.M. Best has downgraded the debt ratings on both the existing debt and shelf. Themore...
  • 5/1/06 5:00 am EDT
    LOUISVILLE, Ky.--(BUSINESS WIRE)--May 1, 2006--Humana Inc. (NYSE: HUM): -- 2006 EPS outlook raised to $2.82 to $2.88 -- Consolidated revenues increase $1.32 billion, or 39 percent year over year -- Medical membership up 32 percent year over year and 31 percent sequentially -- New Medicare PDP business impacts quarterly earnings pattern -- GAAP cash flows from operations of $1.01 billion -- Non-GAAP cash flows from operations of $233.3 million Humana Inc. (NYSE: HUM) today reported $0.50more...
  • 4/28/06 1:29 pm EDT
    LOUISVILLE, Ky.--(BUSINESS WIRE)--April 28, 2006--Humana Inc. (NYSE: HUM) announced today that James J. O'Brien was elected as a member of the board of directors at its annual meeting of stockholders on April 27. Mr. O'Brien, 51, is chairman of the board and chief executive officer of Ashland Inc., a FORTUNE 500 chemical and transportation construction company based in Covington, Ky. Prior to assuming the position of CEO he was Ashland's president and chief operating officer. Previously, Mr.more...
  • 4/26/06 3:00 pm EDT
    NEW ORLEANS--(BUSINESS WIRE)--April 26, 2006--The David Toms Foundation and The Humana Foundation are joining forces to support four New Orleans-based children's charities with grants totaling $400,000. Reconcile New Orleans, Kingsley House, Desire Street Academy and City Year Louisiana will receive $100,000 each to advance hurricane relief efforts. Following Hurricane Katrina, David Toms, a leading PGA TOUR professional, made a plea to help raise money for the hurricane victims. Toms,more...
  • 4/26/06 7:30 am EDT
    --(BUSINESS WIRE)-- WHAT: The David Toms Foundation and the Humana Foundation will announce grants of $100,000 each to four New Orleans-based children's charities. The recipients are Reconcile New Orleans, Kingsley House, Desire Street Academy and City Year Louisiana. WHO: David Toms HUMANA Representatives Representatives of Reconcile New Orleans, Kingsley House, Desire Street Academy and City Year Louisianamore...
  • 4/25/06 12:40 pm EDT
    --(BUSINESS WIRE)-- WHAT: The David Toms Foundation and the Humana Foundation will announce grants of $100,000 each to four New Orleans-based children's charities. The recipients are Reconcile New Orleans, Kingsley House, Desire Street Academy and City Year Louisiana. WHO: David Toms HUMANA Representatives Representatives of Reconcile New Orleans, Kingsley House, Desire Street Academy and City Year Louisianamore...