HealthLeaders Media February 24, 2023
The major payer will concentrate its focus on its Medicare and Medicaid health plan offerings.
KEY TAKEAWAYS
In the next 18 to 24 months, Humana will shutter its employer group commercial medical products business.
The decision comes after a strategic review determined the business could no longer meet members’ needs or support the payer’s long-term plans.
Humana will focus on its main offerings like Medicare Advantage, which has been a priority in the company’s strategic moves.
Humana will leave its employer group commercial medical products business to shift its full attention to its core insurance lines, the company announced.
The exit from the market will be phased over the next 18 to 24 months, the...
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