Humana

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Earlier this week, President Donald Trump released a blueprint for changes he’d like to make to the country’s tax code. Though specifics are still unclear, Kentucky’s most profitable companies would get a tax break under the plan.

A federal judge has ruled against the proposed acquisition of the health insurance company Humana by its larger rival, Aetna.

The decision is a victory for former President Obama's Justice Department, which sued Aetna last year to block the $34 billion merger, NPR's Yuki Noguchi reported.

The suit alleged that the merger would hurt competition in the health care market, leading to higher prices for consumers and fewer services for Medicare patients.

Humana-Aetna Merger Trial Begins

Dec 5, 2016
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The federal trial to determine whether insurance giant Aetna’s $37 billion bid to acquire Louisville-based Humana can go through begins Monday.

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Aetna will pull out of the 10 counties in Kentucky where it offers health insurance via the state health exchange starting in 2017.

Jacob Ryan/WFPL, cropped

The Department of Justice on Thursday filed lawsuits to stop health insurer Aetna from buying Louisville-based Humana. The DOJ is also suing to block a similar deal: insurer Anthem has proposed buying Cigna. The deals, Attorney General Loretta Lynch said in a news conference, would reduce competition in the health care market, resulting in higher prices for consumers.

Humana’s Stock Is Still Falling Amid Merger Worries

Jul 13, 2016
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Louisville-based health insurer Humana’s stock continues to plummet with news last week that the Department of Justice is seriously questioning its potential merger with Aetna, the country’s second-largest insurer.

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Trigg County employees will be paying a little more for their health insurance next fiscal year. Insurance plans through Humana are increasing up to $50 a month for employees. 

Reuters | Greg Roumeliotis

  If the Aetna-Humana deal goes through, Louisville will become the headquarters of the company’s Medicare, Medicaid and Tricare businesses, officials from the companies said on Monday.

Doctors Fees, 401(K) 2012, Flickr Creative Commons

Louisville-based Humana has agreed to be sold to Connecticut-based rival Aetna for $37 billion, the companies announced early Friday.

Officials with the Kentucky Department of Insurance have fined Humana $65,000 after investigating complaints about a letter the company sent to policyholders.

In August, letters were sent to over 6,000 members, saying they had 30 days to renew their plans for 2014, or they would have to choose a more expensive option that complies with the Affordable Care Act.

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