Exhibit 5 Securities and Exchange Commission 450 Fifth Street, N.W. Judiciary Plaza Washington, D.C. 20549 RE: Humana Inc.- 1996 Stock Incentive Plan for Employees ("1996 Plan") 1989 Stock Option Plan for Non-Employee Directors ("Directors Plan") Form S-8 Registration Statement Ladies/Gentlemen: I am Vice President and Associate General Counsel for Humana Inc., a Delaware Corporation (the "Company"), and have been involved with the preparation of a Registration Statement on Form S-8 ("Registration Statement") under the Securities Act of 1933, as amended, covering an aggregate of 4,480,000 shares of the common stock, par value $.16 2/3 per share (the "Shares") to be issued in connection with the Company's 1996 Plan and Directors Plan. I have examined and am familiar with the Restated Certificate of Incorporation and Restated By-laws of the Company and the various corporate records and proceedings related to the organization of the Company and the proposed issuance of Shares. I have also examined such other documents as I have considered necessary for the purpose of this opinion. Based on the foregoing, it is my opinion that the Shares have been duly authorized and, when issued and paid for in accordance with the terms of the 1996 Plan and of the Directors Plan, will be validly issued, fully paid and nonassessable. I hereby consent to the filing of this opinion as an Exhibit to the Registration Statement. Sincerely, /s/ Walter E. Neely Walter E. Neely Vice President & Associate General Counsel