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There have been very UGLY rumors circulating all weekend about Health Insurance giant HUMANA.
The RUMOR is that HUMANA cannot meet its legal Reserve Requirements; too short on money.
This __ RUMOR __ goes on to say that the company has been in meetings with state and federal Insurance Regulators who are said to be "stunned" at the level of financial difficulty within the company.
One person who has inside knowledge of the situation CLAIMS that HUMANA "is insolvent."
I CANNOT CONFIRM ANY OF THIS (YET) but I wanted to pass along this RUMOR because those of you who have HUMANA or who do business with them, may want to be aware that there seem to be major financial problems with them right now.
Again, this is all UNCONFIRMED RUMOR -- but the funny thing about rumors is . . . they start somewhere because generally (but not always) someone who knows, says something . . .
