


                                 Humana Inc.
                     Ratio of Earnings to Fixed Charges
                For the quarters ended March 31, 1998 and 1997
                                  Unaudited
                            (Dollars in millions)


<TABLE>
                                                1998          1997 
                                                ----          ----                    

<S>                                           <C>           <C>
Earnings:
  Income before income taxes                  $   79        $   60
  Fixed charges                                   15             5
                                              ------        ------                       
                                              $   94        $   65
                                              ======        ======                        
                                                                             
Fixed charges:
  Interest charged to expense                 $   12        $    3
  One-third of rent expense                        3             2
                                              ------        ------                       
                                              $   15        $    5
                                              ======        ======                       
                                                                             

Ratio of earnings to fixed charges               6.1          12.7
                                              ======        ======                       
                                                                             


The one-third of rent expense included in fixed charges is that
proportion deemed representative of the interest portion.

</TABLE>





