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Humana to Acquire Inclusa, Expanding Medicaid Services in Wisconsin, USA
Friday 12 August 2022

US-based health insurer Humana Inc. (NYSE: HUM) will acquire substantially all of the assets of Wisconsin, US-based Managed Care Organization Inclusa, Inc., the company said.

Inclusa provides long-term care services and supports to approximately 16,600 older adults and adults with disabilities through the state's Family Care program.

For more than 20 years, Inclusa has partnered with local healthcare providers and community resources to connect members with support and services.

Inclusa's programs help eligible seniors and adults with disabilities to live independently in the communities they call home.

As an MCO, Inclusa works with over 6,000 service providers in approximately 40 service categories and is contracted with the State of Wisconsin and permitted through the Office of the Commissioner of Insurance to provide Family Care services and supports in 68 of Wisconsin's 72 counties.

The acquisition of Inclusa follows Humana's 2020 acquisition of Wisconsin health care company iCare and will further increase the number of Medicaid recipients served by Humana, which currently totals approximately 1m Medicaid members across five states Florida, Illinois, Kentucky, South Carolina and Wisconsin.

Humana was also recently awarded contracts in Ohio and Louisiana.

The closing of the transaction is subject to customary state regulatory filings as well as other customary closing conditions.

Financial terms of the transaction were not disclosed.
Details
Date Published: 12/08/2022

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