E-Mail
Print
tool name
closeLouisville-based health insurer Humana announced Monday that its military health care subsidiary has been told it will not receive a lucrative federal government contract.
The company had been providing managed care services to the Department of Defense under a program called TRICARE. The contract expires March 31, 2010.
"Humana Military is disappointed with the decision by the Department of Defense and looks forward to obtaining further clarity via a debriefing on the bidding process," Dave Baker, president and chief executive of Humana Military, said in a statement. "Our company will evaluate its strategic options with respect to the government's decision, including protesting the award, and will act expeditiously to best position Humana for continued success."
In a news release, the company said it cannot yet determine "what impact, if any, the loss of the TRICARE contract may have upon its earnings."
Comments
The Herald-Leader allows readers to comment on stories; the views expressed here are not those of the Herald-Leader or its staff. Readers must avoid personal attacks and libelous or inappropriate remarks, and users who violate our commenting policies can be banned from the site. See our commenting policy here. Some comments may be reprinted in the newspaper. Registered user names are posted with comments.
- WEG organizers seek performers
- Hotel rooms costly but filling up for WEG
- Brooks proud of Cats' big second half
- Eastern Ky. woman wins Rhodes
- Cats stun Georgia 34-27
- Fewer turnovers on Wall's highlight reel
- Abuse survivors bear 'witness'
- Cousins shows highs, lows of freshman learning curve
- Few shots belie Patterson's work ethic
- Ky. distillers seek simpler sampling law
@Nyx.replyAnswerText@