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Humana’s reported interest in a merger with Walmart, much like its planned acquisition of a portion of Kindred Healthcare, reflects the insurance industry's growing interest in providing health care — not just paying for it, a University of Louisville professor told Insider.
Humana shares spiked more than 8 percent in early morning trading following last week’s reports that the Louisville-based insurer is in early-stage discussions with retail giant Walmart about a merger. Walmart’s shares fell.