UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) October 5, 2010
Humana Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
1-5975 | 61-0647538 | |
(Commission File Number) | (IRS Employer Identification No.) |
500 West Main Street, Louisville, KY | 40202 | |
(Address of Principal Executive Offices) | (Zip Code) |
502-580-1000
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 | Regulation FD Disclosure |
On October 5, 2010, Humana Military Healthcare Services, Inc. (HMHS), a wholly-owned subsidiary of Humana Inc. (Humana or the Company) was notified by the United States Department of Defense TRICARE Management Activity (TMA) that the TMA intends to negotiate with HMHS for an extension of HMHSs administration of the TRICARE program in TMAs South Region (the TRICARE Contract), comprising of a one year option period from April 1, 2011 through March 31, 2012.
Discussions are still at a preliminary stage, but Humana no longer anticipates incurring the previously expected expenses of between $0.19 and $0.28 per diluted common share during the year ending December 31, 2010 (FY 2010) related to the previously anticipated loss of the TRICARE Contract on March 31, 2011 and therefore the Companys previously issued FY 2010 financial guidance should no longer be relied upon. Such expenses may, however, be incurred in future periods, depending on the ultimate disposition of future contact awards, as previously disclosed. The Company anticipates updating its FY 2010 financial guidance for this and other material developments, if any, on November 1, 2010 in connection with its release of financial results for the quarter ended September 30, 2010. Further, financial guidance for the year ending December 31, 2011 is expected to be issued in conjunction with Humanas biennial Investor Meeting to be held November 18, 2010.
HMHS provides health benefits support and services to approximately 3.0 million active duty and retired military and their eligible family members in the ten-state South Region.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
HUMANA INC. | ||
BY: | /S/ STEVEN E. MCCULLEY | |
Steven E. McCulley | ||
Vice President and Controller (Principal Accounting Officer) |
Dated: October 7, 2010