
<TABLE>

                                 Humana Inc.
                          Ratio of Earnings to Fixed Charges
        For the quarters and six months ended June 30, 1998 and 1997
                                  Unaudited
                            (Dollars in millions)

 <S>                                    <C>         <C>       <C>        <C>


                                          Quarter Ended       Six Months Ended 
                                             June 30,              June 30,    
                    
                                         1998       1997       1998       1997
                                                                                            

Earnings:
  Income before income taxes            $  82      $  65      $ 161      $ 125
  Fixed charges                            13          3         28          8
                                                                          
                                        $  95      $  68      $ 189      $ 133

Fixed charges:
  Interest charged to expense           $  10      $   1      $  22      $   4
  One-third of rent expense                 3          2          6          4

                                        $  13      $   3      $  28      $   8

Ratio of earnings to fixed charges        7.6       20.9        6.8       15.9


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

</TABLE>



