Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance

Humana Closes On Florida Deal

X
Your article was successfully shared with the contacts you provided.

NU Online News Service, Feb. 16, 2005, 7:06 p.m. EST

A large Louisville, Ky., health carrier has completed previously announced plans to acquire another Southeastern carrier.[@@]

The Kentucky carrier, Humana Inc., has closed on a $408 million deal for CarePlus Plans Inc., Coral Gables, Fla.

CarePlus has about 50,000 Medicare managed care plan members in Broward, Dade and Palm Beach counties in Florida.

The deal also includes a CarePlus pharmacy benefits affiliate.

Before Humana completed the deal, it had about 131,000 Medicare plan members in South Florida.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.