Humana (NYSE:HUM) is a leading health and well-being company headquartered in Louisville, Kentucky, offering a comprehensive range of health insurance products and related services. The company operates through two primary segments: Retail, which delivers Medicare Advantage and prescription drug plans, and Group & Specialty, which provides employer-sponsored group health plans, Medicaid managed care services and specialty pharmacy solutions. Through these offerings, Humana serves millions of members across the United States, focusing on integrated, patient-centered care and value-based reimbursement models.
Founded in 1961 as Extendicare, the company initially focused on nursing home operations before entering the hospital business. In the 1970s, under the leadership of Dr. Wendell Cherry, the organization rebranded to Humana and expanded into for-profit hospital ownership. During the late 1990s, it divested its hospital operations to concentrate on health insurance and managed care, setting the stage for its evolution into a diversified health services provider.
Today, Humana’s product portfolio spans Medicare Advantage, Medicare Part D prescription drug coverage, Medicaid solutions and commercial plans for employer groups. The company also offers wellness and care management programs, digital health platforms and population health analytics aimed at improving clinical outcomes and reducing costs. Humana’s primary care arm, CenterWell, delivers in-home and clinic-based care, emphasizing personalized service for chronic condition management and preventive health.
Humana’s operations are predominantly U.S.-focused, with a presence in all 50 states and the District of Columbia, as well as partnerships in Puerto Rico and the U.S. Virgin Islands. Under the leadership of President and Chief Executive Officer Bruce Broussard, the company continues to prioritize member experience, clinical innovation and strategic collaborations with health systems and technology firms. Humana’s executive team and board of directors guide its mission to enhance well-being by integrating medical, behavioral and community care.
