Most of the payer’s commercial business is concentrated in Florida, Texas, Georgia and Kentucky, where Humana is headquartered.
According to the company’s end-of-year earnings report, at the end of 2022, Humana had 556,300 fully-insured commercial members and 430,100 members in self-funded plans that Humana administers. Humana will continue to offer specialty insurance, including vision and dental, in the commercial market.
Humana plans to shift its focus to government-funded insurance. The payer had 5.1 million individual Medicare Advantage members at the end of 2022.
Here are the markets where Humana has the most commercial insurance business:
Florida
Fully insured commercial group: 105,200 members
Administrative services only: 32,200 members
Texas
Fully insured commercial group: 78,800 members
Administrative services only: 40,800 members
Kentucky
Fully insured commercial group: 73,700 members
Administrative services only: 32,200 members
Georgia
Fully insured commercial group: 64,400 members
Administrative services only: 72,300 members
Ohio
Fully insured commercial group: 24,200 members
Administrative services only: 23,900 members
Tennessee
Fully insured commercial group: 29,600 members
Administrative services only: 15,500 members
Illinois
Fully insured commercial group: 16,300 members
Administrative services only: 2,500 members
Missouri/Kansas
Fully insured commercial group: 23,000 members
Administrative services only: 22,700 members
Louisiana
Fully insured commercial group: 22,900 members
Administrative services only: 18,100 members
Wisconsin
Fully insured commercial group: 39,800 members
Administrative services only: 23,900 members
Indiana
Fully insured commercial group: 12,500 members
Administrative services only: 7,900 members
Michigan
Fully insured commercial group: 700 members
Administrative services only: 1,700 members
Arizona
Fully insured commercial group: 9,700 members
Administrative services only: 5,100 members
Other markets
Fully insured commercial group: 55,500 members
Administrative services only: 17,700 members
