humana News

Kentucky-Based Humana to Lay Off More Than 800 Employees

A health insurance provider says it’s laying off more than 800 people. The Louisville, Kentucky-based Humana announced Monday it’d be cutting 2% of its workforce by the end of the year, with some employees being let go as early as …

25% of U.S. Health Care Spending Is Waste. Here’s Where to Find It.

Approximately 25 percent of spending in the U.S. health care system can be characterized as waste. That’s between $760 billion and $935 billion annually. A study published today in the Journal of the American Medical Association (JAMA) by researchers from …

Texas Fines Humana $700K for Network Inadequacy

The Texas Department of Insurance has fined Humana $700,000 for putting consumers at risk of paying higher bills because of an inadequate number of anesthesiologists in Harris, Bexar and Travis counties. The problem meant consumers couldn’t get in-network anesthesia services …

Anthem to Exit Obamacare Plans in Virginia as Legislative Uncertainties Continue

U.S. health insurer Anthem Inc. said on Friday [Aug. 11] it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year. The move comes nearly two weeks …

Health Insurers Could Go on Buying Spree If Big Mergers Blocked

The potential bust-up of two mega deals among America’s largest health insurance companies may have an unintended result – more mergers. The U.S. Department of Justice on Thursday sued to block Aetna Inc.’s $37 billion purchase of Humana Inc and …

Missouri Fines Insurer Nearly $162K for Misstatements to Policyholders

The Missouri Department of Insurance announced that a regulatory settlement agreement has been reached with Humana Insurance Co. under which the company will pay a $161,800 fine to the Missouri State School Fund. Missouri regulators conducted a market conduct investigation …

Florida Health Insurers File 2015 Rates

Eight insurance companies are raising the price of health plans and three are lowering them in Florida through the Affordable Care Act exchange, state insurance officials said this week. But whether some will pay more or less depends on a …

Aetna, Humana, Cigna Accused of Bias Against AIDS Patients in Florida

Advocates for people with HIV and AIDS charged that insurers including Aetna Inc., Humana Inc. and Cigna Corp. have discriminated against Obamacare patients in Florida infected with the virus. The Tampa-based AIDS Institute and the National Health Law Program, an …

Supreme Court Will Not Hear Drugmaker’s Appeal of Insurer’s Medicare Reimbursement Claim

The U.S. Supreme Court on Monday declined to consider whether private insurers can sue giant drugmaker GlaxoSmithKline Plc over health costs incurred by its Avandia diabetes drug. Humana Inc.’s Humana Medical Plans had sued Glaxo for healthcare expenses Medicare patients …

Hummel Named President of Humana’s Employer Group Division in Texas

Linda T. Hummel has been named president of the Employer Group Division for Humana Inc. in Texas. A 22-year veteran with Humana, Hummel will be responsible for the overall management and strategic planning for Humana’s statewide commercial operations and products, …