Humana

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Humana Inc.

Humana Inc. is a prominent for-profit American health insurance company headquartered in Louisville, Kentucky. As a major player in the health insurance industry, Humana has played a significant role in shaping healthcare coverage in the United States.

Humana headquarters in Louisville, Kentucky

Background

Founded in 1961, Humana started as a nursing home company before evolving into a health insurance provider. Over the decades, it has grown into one of the largest health insurance companies in the nation.

Corporate Overview

  • Headquarters: Louisville, Kentucky
  • Industry: Health Insurance
  • As of 2021, Humana ranked 41 on the Fortune 500 list, making it the highest-ranked company based in Kentucky by revenue.
  • Recognized as the third-largest health insurance provider in the United States.

Aetna Acquisition Attempt

On July 3, 2015, health insurer Aetna announced its intention to acquire Humana for $37 billion in cash and stock. However, this acquisition was contested on the grounds of anti-competitive practices. A court ruling eventually led to the abandonment of this merger, marking a significant event in the company's history.

Products and Services

Humana provides a range of health insurance products and services designed to meet the diverse needs of its customers. These include:

  • Individual health insurance plans
  • Medicare plans
  • Medicaid services
  • Dental and vision coverage

Corporate Social Responsibility

Humana is also involved in various community initiatives and healthcare programs aimed at improving public health and access to medical services.

External Links

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