I just--had to...
Posted on 07/03/2015 1:07:17 PM PDT by Republican Wildcat
OUISVILLE, Ky. (WDRB) -- WDRB News has obtained an e-mail message that was distributed to Humana employees this morning, after news of a proposed sale of Humana to Aetna became public.
The e-mail was from Bruce Broussard, the president and CEO of Humana.
The text of that e-mail is reproduced below: (Click HERE to also view a FAQ that was distributed to stakeholders.)
A Message from Bruce Broussard
Today marks an important and exciting day in our company’s history. We have just announced that Aetna and Humana will merge to create a new healthcare organization. While there are many reasons to be excited about this, you should take pride in knowing that through your extraordinary work and commitment to our customers, and to each other, our organization has garnered a great deal of attention and respect.
As you know, the healthcare system is undergoing significant change -- a tremendous increase in consolidation among pharmaceutical companies, hospitals and physician practices; a growing discontent in the marketplace around the pace of change in the system; and recognition that the status quo has hindered quality and affordable healthcare. Faced with these dynamics, a merger with Aetna enables us to take on the future with strength and more confidence.
I firmly believe this is the right time, and Aetna is the right partner, to begin this new phase of our company’s journey. Aetna has a long and stellar reputation, is well-respected, and is nationally recognized as a top-tier employer committed to the health, productivity and quality of life of its employees.
Importantly, we also share a similar vision for transforming the future of healthcare, i
(Excerpt) Read more at wdrb.com ...
Irony of ironies. My former employer ended retiree medical as of June 1, 2015 and “gave” us an exchange to pick through well in advance to see which health care insurer could provide us as good or better coverage. Well, I had Aetna with my former employer and through the exchange, picked Humana. LOL! Looks like I’m goin’ back to Aetna.
I predict corporate looting much the same way as happened at Digital Electronics Corp in its final days, with people randomly being told to pack their things into boxes and head to the parkinglot.
And exorbitant golden parachutes for the higher ups for dong such a great job.
doing.. doing such a great job.
*ugh*
Good friend of my wife works in Raleigh/Cary.
Her Reply was “WHAT, again!”
Her job has disappeared a number of times with these buyouts.
She goes off to work another job until the new company opens up her old job again. About 2 - 3 years. She makes do.
I just--had to...
I lived and worked in Louisville for almost 40 years. (Even had a job once with WDRB-TV.)
Humana was like an accordion. They would hire oodles of people for a couple of years, them lay them off. 2-3 years later they’d hire people again, a lot of whom had worked there before.
An inside joke was to work your tail off and rise high enough in management that you were immune to the layoffs :)
I have friends in Louisville that have worked for Humana several times as the company grew and shrank.
I got the same type of email from the CEO of a small Medicare advantage health plan i work for in 2011 that Humana was buying, took almost 1 yr for the purchase to happen had to go through the states and the feds.
Me and my weaponised typos...
We’ve all boned there... And proofreading slow is hard to do!
Even worse on a mobile device when you type something, it stays for a second, and then the device decides it knows SO much better than you do about what you wanted to type.
I visited Louisville once back in the mid 90s. Nice place then. Passed through once a couple years back but didn’t get a chance to stop.
Louisville has gotten a lot bigger since the mid 90s. More traffic, more people, more noise, etc.
Primary reason for moving away when I retired.
And we're proud to announce that most of you will be laid off in the near future.
When the collapse hit the NYC metro area in 2007, many of the financial sector jobs left for Asia (permanently); for the remaining jobs, it appeared that many large companies simply trades their staffs (to re-set salaries, benefits, etc. to the “new normal”). Anyone I know who lost their job and subsequently found another doing the same work is making a lot less money. Age discrimination was a huge factor as well, since the “new normal” wages don’t take into account homes or families (this is why both the housing market and white American birthrate plummeted).
My physican’s group is picky about what insurance companies it allows.
Aetna is not allowed
Humana is
I wonder how that is going to work out
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.