News Headlines Article

Health insurer Humana plans to cut 1,400 jobs, 5% of workforce
USA Today - The Associated Press

Health insurer Humana (HUM) says it will cut about 1,400 jobs as it pushes to save money and adjust to a smaller enrollment. The Louisville insurer says it will balance 2,500 job cuts with 1,100 additional jobs in growth areas like pharmacy management and specialty products. The net loss of 1,400 amounts to 5% of its work force. Humana says it has to align its size with its membership.