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.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
