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\nLouisville-based insurance company Humana announced it is exiting the employer insurance business to focus on other health plan offerings, according to a release.<\/p>\n
\nLouisville-based insurance company Humana announced it is exiting the employer insurance business to focus on other health plan offerings, according to a release.<\/p>\n
The company announced it would be exiting the business, which includes all fully insured, self-funded and Federal Employee Health Benefit medical plans, within the next 18 to 24 months.<\/p>\n
The company said the employer insurance business was not positioned to meet the needs of commercial members or support the company\u2019s plans.<\/p>\n
Humana\u2019s focus will be moved to government and specialty businesses and deploying capital into expanding value-based care and the company\u2019s Centerwell healthcare services.<\/p>\n
As the business is phased out, Humana said it is working to transition services for members and commercial customers.<\/p>\n
Humana said it is unknown how many roles may be affected as the employer insurance business winds down.
\nSource: WAVE<\/p>\n","protected":false},"excerpt":{"rendered":"
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