No wonder nobody knows who insures them, what the contract represents and when the new effective date might be. Here’s the SEC form filed. Perhaps once all the insurance companies run though all their legal funds in fighting each other, there might be some money in the till to cover claims, you think? Again, as I have said before, this business would be better represented with non profit companies. This is all about money and the potential loss of money, not healthcare. BD
On December 16, 2009, Humana Military Healthcare Services, Inc. (“HMHS”), a wholly-owned subsidiary of Humana Inc. (“Humana”) was notified by the United States Department of Defense TRICARE Management Activity (“TMA”) that the TMA intends to exercise its options to extend HMHS’s administration of the TRICARE program in TMA’s South Region (the “TRICARE Contract”) for Option Period VII and Option Period VIII. The exercise of these option periods would effectively extend the TRICARE Contract through March 31, 2011.