United and Humana are merging? That means consolidation of staff and RIFS

United HealthCare And Humana Plan $5.5 Billion Merger
United HealthCare and Humana, two of the nation's largest for-profit managed care companies, have agreed to a $5.5 billion merger. The resulting company will operate as United HealthCare in 48 states and Puerto Rico.

The move is one of the largest instances yet of the consolidation taking place in the managed care industry. When con- summated this fall — assuming regulatory and shareholder approval — the merger will create a behemoth with 6 million enrollees, with the majority of them in the Midwest, Southeast and Southwest.

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If you read the posts, the OP acknowledged their error, since it was listed incorrectly at the time of question on google

This is a news article from 1998 that has been recycled and presented as new news.

From Forbes a week or so ago…

Humana And UnitedHealth Want To Invest More Deeply In Housing
Joshua Pollard

Mar 2, 2023,09:39am EST

Sometimes the best “merger-like” news doesn’t make the headlines.

If a senior executive of a large healthcare company said they wanted to work “with” a competitor instead of against it, the market might start to think merger talks may be happening behind closed doors.

While I, categorically, know nothing of any merger talks between two of the largest health insurers in the United States, our recent conversations with UnitedHealth GroupUNH -1.2% (UHG) and HumanaHUM -1.4% uncovered one area in particular where working together is better than competing for all parties involved: investments in housing.

In particular, John Barger, the head of Medicaid for Humana said, “I don't want this to be Humana against United or Humana against AetnaAET 0.0%. I want us to roll up our sleeves and start problem-solving together.”

To be fair to the OP. A merger is not an IF question but a WHEN Question.

@phk+1lL1UH9L - I was very surprised to see it listed as a news article dated a few days ago. I’m assuming my news feed had a glitch. Didn’t mean to bring out old news, glad it is, I was very surprised to see it

If they wouldn't approve the AETNA Deal why would they approve this?

This is bs bringing out news from late 90’s

This is managed care. Not the companies entirely.

I googled, I saw it….it’s been a very quiet thing in the news…the other article was about the investment in housing.
At some point, we will be United employees, not Humana. And there’s already lots of United employees in place. RIFs will be coming

Thread regarding Humana Inc. layoffs

United and Humana are merging? That means consolidation of staff and RIFS

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