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Humana pulled out of the acquisition after United stock dropped $2.9 billion in value. [9] In 2001, Humana was a cofounder of Avality. [10] In 2005, Humana entered into a business partnership with Virgin Group, offering financial incentives to members for healthy behavior, such as regular exercise. [11]
Since July 2024, he has been chief executive officer (CEO) of Humana, a healthcare company. [1] Rechtin is a Kentucky native. [2] He earned a bachelor's degree from DePauw University, and an MBA from Harvard Business School. [3] Rechtin worked for Bain & Company for over a decade, and was then president of UnitedHealth Group's subsidiary Optum. [1]
Bruce Broussard, former chief executive officer of Humana [13] Richard T. Burke, founder of UnitedHealth, chief executive officer until 1987, and chairman of the board from 2006 to 2017 [14] William H. Donaldson, former chairman, president, and chief executive officer of Aetna [15]
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Medicare Part B Giveback Benefit explained, Humana. Accessed October 16, 2024. Accessed October 16, 2024. Use of Prior Authorization in Medicare Advantage Exceeded 46 Million Requests in 2022 , KFF.
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