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Humana out of individual market - CEO

Jun. 22, 2017 2:44 PM ETHumana Inc. (HUM) StockHUMBy: Douglas W. House, SA News Editor
  • Humana (HUM +0.6%) chief Bruce Broussard says his company will stay out of the individual insurance market after it exits Obamacare exchanges this year, regardless of the outcome of Republicans' American Health Care Act.
  • In an interview, Mr. Broussard said, "This is just not a business that we will be good at. No matter what they do in Washington, we are not going to go back in."
  • The company announced its intentions in February.

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