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By Roshan Fernandez. Humana has entered into a $5 billion unsecured revolving credit agreement with several financial institutions, according to a filing with the Securities and Exchange Commission.
Financial flexibility is provided by the holding company, Humana, which includes cash and a $4 billion commercial paper program backed by its revolving credit agreement.
Humana and Tenet HealthSystem were hopeful last week about reaching an agreement before Tuesday's deadline, but discussions ended to no avail. That leaves about 1,600 area Humana members without ...
Humana spokesperson Mark Taylor said the company recognizes how difficult changes to an individual's medical insurance can be. "Humana maintains a large network of providers in Kentucky.
The new agreement also replaces a previous 364-day $2.1 billion unsecured revolving credit agreement, which was entered on May 31, 2024 and is now expired. Write to Roshan Fernandez at roshan ...
AM Best Upgrades Credit Ratings of Humana Inc. and Most of Its Health Insurance ... available holding company cash and a $4 billion commercial paper program backed by its revolving credit agreement.
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