Explanatory Note Regarding Medicare Prescription Drug Plan Contracts between Humana and CMS
This document explains that Humana Inc. subsidiaries and the Centers for Medicare and Medicaid Services (CMS) have entered into two contracts allowing Humana to operate Medicare Prescription Drug Plans. The contracts, referenced in a previous SEC filing, specify the terms under which Humana Insurance Company and Humana Insurance Company of New York can provide these plans. The note clarifies the parties involved and the legal basis for the agreements, referencing the relevant sections of the Social Security Act.
Exhibit 10 (nn)
Explanatory Note regarding Medicare Prescription Drug Plan Contracts
between Humana and CMS
Recently, various subsidiaries of Humana Inc. and the Centers for Medicaid and Medicare Services entered into two separate contracts that allow Humana to operate of a Medicare Prescription Drug Plan under Sections 1860D-1 through 1860D-42 of the Social Security Act.
The form of contract providing for the operation of a Medicare Prescription Drug Plan was filed as Exhibit 10.3 to Humana’s Quarterly Report on Form 10-Q for the period ended September 30, 2005, and is hereby incorporated by reference.
The following chart summarizes the two individual contracts by type and entity:
| Participating Humana Entity | Applicable Addenda | |
| Humana Insurance Company | 10.3 | |
| Humana Insurance Company of New York | 10.3 |
