Health insurance giant Humana has announced that they will exit the group commercial health care space to focus on government-backed programs.

This exit includes all fully insured, self-funded and Federal Employee Health Benefit medical plans, as well as associated wellness and rewards programs. Human's health plans in other areas will not be significantly affected.

This adjustment will be done over the next 18 to 24 months, and Humana has vowed to make the transition smooth for members and customers.

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