Humana’s various medical and specialty pharmacy health plans covered more than 14 million Americans in 2016. The company continued its dominance in health insurance contracted through the federal government, including the private Medicare Advantage option for seniors. Much like rival Aetna with which it was supposed to merge in a scuttled $34 billion deal Humana is pulling out from Obamacare’s individual insurance marketplaces, citing profit losses and general uncertainty over the health law’s future.
Looking for leads, investment insights, or competitive intelligence?
News about Humana
He left out the huge costs that will come from the new tax law.
The $69 billion health care merger could transform the industry and patient care.
Aetna shareholders will own about 22% of the combined company. CVS shareholders will own the rest.
Another mega deal could be cooking for the drugstore giant.
It will also no longer offer Obamacare plans in Nevada and half of Georgia's counties in 2018.