Humana Inc. says it began cutting jobs in the third quarter.
The Louisville, Kentucky-based company says it accepted early-retirement offers from about 1,100 employees, eliminated a few hundred open positions, and started the process of laying off about 1,300 workers.
Humana made the cuts as it was pulling away from the individual major medical insurance market and the Affordable Care Act public exchange system.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.