Humana, had $53.8 billion in revenue in 2017 and is the second-largest provider of the private Medicare plans known as Medicare Advantage. Medicare is seen as an insurance growth engine as baby boomers reach the age of eligibility.
In June, the companies announced that a Humana unit would run primary care clinics for older people in two Walgreens outlets in the Kansas City market. Seniors are major users of pharmacies and the collaboration is part of a bigger drive by Humana to expand the business of providing direct care to Medicare Advantage members. The insurer has become a big player in home-care and hospice services, and is expanding primary care offerings with the Partners in Primary Care clinics.