Datapoint: Humana to Exit Commercial Insurance Markets

February 28

Humana Inc. on Feb. 23 said it will exit the commercial insurance business and focus exclusively on government books of business, cutting its membership rolls by about 8%. This includes all of the insurer’s fully insured, self-funded and Federal Employee Health Benefit plans (FEHBP). Humana currently covers 574,500 members in full-risk commercial products, 438,600 self-funded members and 20,008 FEHBP members. The move will not affect Humana’s TRICARE contract, which serves more than 5.9 million lives on a self-funded basis.

Source: AIS’s Directory of Health Plans