Humana

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
Jacob Ryan/WFPL, cropped

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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The departure of one of three statewide Medicaid operators next year is once again raising concerns about adequate medical coverage in parts of the state. Earlier this year, coverage was one of the issues brought up between Coventry Cares, another operator, and hospital chain Appalachian Regional Healthcare in a lawsuit over contract issues. At the time, state officials pointed to the other two operators as proof of coverage. But now one of those operators, Kentucky Spirit, is leaving next July.