Printer Friendly

HUMANA COMPLETES HEALTHCHICAGO ACQUISITION

 HUMANA COMPLETES HEALTHCHICAGO ACQUISITION
 LOUISVILLE, Ky., April 3 /PRNewswire/ -- Humana Inc. (NYSE: HUM)


today announced the signing of documents transferring ownership of Illinois-based HealthChicago Inc. to a subsidiary of Humana, effective April 1. The acquisition of the 63,000-member health maintenance organization brings membership in Humana Health Care Plans in the Chicago area to more than 300,000. Terms were not disclosed.
 Coverage for current HealthChicago members will remain unchanged through the end of their current contracts. Health care services will continue to be offered from hospitals, physicians and other providers previously affiliated with HealthChicago.
 Humana, based in Louisville, has more than 1.7 million members in health benefit plans for employee groups and Medicare enrollees. The company owns and operates 79 hospitals, including Humana Hospital-Hoffman Estates and Humana Hospital-Michael Reese in Chicago.
 -0- 4/3/92
 /CONTACT: Wendell Potter of Humana Inc., 502-580-3683, or Linda Sandor of HealthChicago, 708-964-6200/
 (HUM) CO: Humana Inc.; HealthChicago ST: Kentucky, Illinois IN: HEA SU: TNM


CM -- CH005 -- 4951 04/03/92 15:36 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 3, 1992
Words:171
Previous Article:PENNDOT ISSUES TRAFFIC ALERTS
Next Article:DOMESTICALLY BUILT VEHICLE SALES FOR MITSUBISHI UP 42 PERCENT; SPORTY ECLIPSE SURPASSES 5,500 UNITS FOR MARCH


Related Articles
HUMANA SIGNS LETTER OF INTENT TO ACQUIRE HEALTHCHICAGO, INC.
HUMANA COMPLETES ACQUISITION OF GROUP HEALTH ASSOCIATION
HUMANA HEALTH PLAN INC., 14 AFFILIATES ASSIGNED INITIAL BEST'S RATINGS
A.M. BEST AFFIRMS RATINGS OF HUMANA PLANS; PLACES EMPLOYERS HEALTH INSURANCE UNDER REVIEW
A.M. BEST COMPANY AFFIRMS RATINGS OF HUMANA HMOs
A.M. Best Affirms Ratings of HUMANA INCORPORATED HMO Operating Entities
Humana & Units Put on S&PWatch; United HealthCare Ratings Affirmed
S&P Comments on Humana & Units; Outlook Negative.
S&P Lowers Humana Inc. & Subsidiaries Ratings; Outlook Stable.
S&P Affirms Humana Ratings; Outlook Revised to Negative.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters