Employees were notified on Feb. 1, Cincinnati.com reported. The layoffs will take effect April 3.
Kate Marx, a Humana spokeswoman, said the layoffs weren’t related to the insurer’s recently blocked mega-merger with Aetna.
Louisville, Ky.-based Humana Wednesday reported significant losses for its fourth quarter of fiscal year 2016. It recorded a loss of $401 million for the quarter, and $614 million in profit for the full year 2016, down from $1.3 billion in 2015.
The insurer’s Humana at Home unit employs support staff to help customers transition from an inpatient stay to their home.
Eighty-eight of the employees laid off are based in Ohio, and the remaining work in Florida. Some of them may be eligible for new roles with Humana, Marx said.
The unit launched eight years ago, and Marx said it remains “a critical element of Humana’s strategy going forward.”
Maria Castellucci is a general assignment reporter covering spot news for Modern Healthcare’s website and print edition. She writes about finances, acquisitions and other healthcare topics in markets across the country. Castellucci is a graduate of Columbia College Chicago and started working at Modern Healthcare in September 2015.