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- Humana explores sale that would shake up health insurance industryHealth insurer Humana, Louisville, Ky., is reportedly working with an investment bank to explore a sale.The Wall Street Journal reported Friday that Humana hired Goldman Sachs Group to see if any willing buyers would take over the company. Aetna and Cigna Corp. are among the interested parties, the Wall Street Journal said. Humana did not immediately respond to Modern Healthcare's request for comment. Goldman Sachs declined to comment. Humana Chief Financial Officer Brian Kane worked at Goldman Sachs for 17 years before joining the insurer last summer. While at Goldman, Kane advised large transactions among managed-care companies. Humana is one of the largest Medicare Advantage insurers in the country with more than 3 million covered seniors. The company has also been a rumored takeover target for more than a year. Vishnu Lekraj, a research analyst at Morningstar, said rumors of a Humana sale heated up during the ...
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