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Humana Expands Distribution of its Medicare Products
Business First of Louisville
October 21, 2005
Humana Inc. has established two business partnerships to increase the geographic presence of its Medicare products.
USAA, a financial services company based in San Antonio, Texas, will offer Humana's prescription drug plans to its 750,000 Medicare-eligible members.
Des Moines, Iowa-based American Republic Insurance Co. will offer Humana's Medicare Advantage private fee-for-service plans and, in select areas, Humana's regional PPO plans, to its 140,000 Medicare-eligible policyholders.
Terms of the deals were not disclosed.
Louisville-based Humana Inc. (NYSE: HUM) is one of the nation's largest publicly traded health benefits companies, with about 7 million medical members.
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