Humana Inc

F:HUM

Business Description

Sector

Health Care

Industry

Health Care

Headquarters

United States of America US

Employees

67 060

IPO date

May 18, 1971

Humana is a U.S. health insurance company that mainly sells Medicare Advantage plans and related medical coverage for older adults. It also offers prescription drug plans, dental and vision coverage, and some employer and military-related health benefits. In simple terms, Humana helps members pay for doctor visits, hospital care, medicines, and preventive care through insurance products and care programs.

Its main customers are seniors eligible for Medicare, along with some employers, government programs, and people who buy supplemental coverage. Humana makes money by collecting premiums and government payments tied to the plans it manages, then paying doctors, hospitals, pharmacies, and other providers when members use care. It also earns fees from services such as pharmacy benefit management, care management, and home-based health services.

What makes Humana different is that it sits between the insurance world and the care-delivery world. It does not just sell insurance cards; it also tries to steer members toward preventive care, chronic disease management, and lower-cost treatment settings. That mix makes Humana both a payer and a care coordinator, which is a common but important role in U.S. healthcare.