CONTACTS:
FOR IMMEDIATE RELEASE
OLDWICK - JULY 21, 2016 04:54 PM (EDT)
A.M. Best has commented that the under review with positive implications status and the financial strength ratings, issuer credit ratings and issue ratings of Humana Inc. (Humana) (headquartered in Louisville, KY) and its subsidiaries remain unchanged.
This comment by A.M. Best follows the announcement by the U.S. Department of Justice and attorney generals from multiple states that they have filed suit to block the pending merger with Aetna Inc. (Aetna). Humana and Aetna have jointly commented that they plan to vigorously defend the pending merger. The ratings will remain under review until more clarity regarding the future of the lawsuit and merger becomes available. This could include a path for the completion of the transaction or the two organizations remaining as separate legal entities.
This press release relates to rating(s) that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source.