Humana to shed employer group commercial business

Humana is exiting the employer group commercial market after a strategic review of its business lines, the insurer announced Thursday.

The review found that the business was "no longer positioned to sustainably meet the needs of commercial members over the long term" and was not playing a key role in supporting the company's other long-term strategic focuses, according to the announcement.

The decision means that Humana will no longer offer fully-insured or self-funded employer plans or any of the associated wellness and rewards programs. It will also exit the Federal Employee Health Benefits program, according to the announcement.


Share This Post:

Search Billing News

Billing News By TAG

Billing News By DATE