LOUISVILLE, Ky. (AP) — City and state officials say Aetna’s purchase of rival health insurer Humana can be seen as a positive opportunity for Louisville.
In a deal announced Friday, Aetna will spend about $35 billion to buy Louisville-based Humana and become the latest health insurer bulking up on government business as the industry adjusts to the federal health care overhaul.
According to The Courier-Journal, CEOs of both companies said the company’s presence in Louisville will be more robust, growing from $50 billion today to $60 billion under the arrangement.
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On Friday, Louisville Mayor Greg Fischer said "it’s very fair to speculate that it will lead to more jobs."
Bruce Broussard, president and CEO of Humana, said he thinks Louisville will be a "net beneficiary as a result of this transaction."