EXHIBIT 99

                                                    Laurie Scarborough
                                                    Investor Relations
                                                          502/580-1037
                                                          June 7, 1996

    HUMANA LOWERS SECOND QUARTER EARNINGS EXPECTATIONS

     Louisville, KY -- Humana Inc. (NYSE: HUM) today indicated that
earnings from operations for the three months ending June 30 are
estimated to range from between $.18 and $.22 per share, compared
to $.28 per share for the same period last year.  Analysts' expectations
for the quarter average $.33 per share.

     According to information currently available for April and a
preliminary analysis of May, the estimated shortfall in earnings is
due to unusually high utilization of medical services in most
of Humana's markets for both its commercial and Medicare risk products.

     In addition to these utilization issues, the company continues to
experience substantial losses in its Washington, D.C. market and in certain
new markets.  As a result of these losses, management is evaluating
strategic alternatives including but not limited to restructuring,
divesting or closing these markets.  The financial effects of these 
possible actions are not reflected in the above-mentioned range of
estimated earnings.

     Headquartered in Louisville, Kentucky, Humana provides managed health
care services to 3.7 million medical members through the operation of
health maintenance organizations and preferred provider organizations
nationwide.

     This press release contains forward-looking information.  The
forward-looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995.  Forward-looking
statements may be significantly impacted by certain risks and
uncertainties described herein and in the company's Annual Report on 
Form 10-K filed with the Securities and Exchange Commission for the year
ended December 31, 1995.  There can be no assurance that the above-mentioned
range of estimated earnings will be achieved.