POV | Losing Humana would be a blow - WDRB 41 Louisville News

POV | Losing Humana would be a blow

The news that health care giant Humana may be seeking a buyer is something that should concern anyone who cares about Louisville. Because what may be good for the company's stockholders has the potential to be very bad for the rest of us.

First, of course, there are the company's employees. While many of those jobs would still exist after any acquisition, there'd certainly be a lot of duplication that any prudent business would have to eliminate. So many local people - many of them well-paid - would be joining the unemployment line.

Second, think of the hit the local real estate market would take. Sure, Humana's signature headquarters building would probably still be needed. But many of the other buildings the company occupies around the city would likely be hit hard with new vacancies.

And then, of course, Humana has long been one of this community's most generous philanthropic donors. Do you really think a company not headquartered in Louisville would feel that same connection and involvement?

Fortunately, this isn't a done deal - yet. But Governor Beshear got it right when he said, "We're going to do everything in our power to keep this corporate citizen here in Louisville, Kentucky."

I'm not sure of all the resources he can bring to bear in this effort. But as our state's chief executive, there's little I can imagine that should have a higher priority on his agenda.

Here's hoping he succeeds.

I'm Bill Lamb and that's my Point of View.

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