Company: HUM
Filing Date: 2025-03-26
Form Type: 424B5
Source: 0001628280-25-014916
Chunk: 34

Company: HUMANA INC
Filing Date: 2025-03-26
Form: 424B5
Chunk 34
---
 discussion assumes that this treatment is correct. You should consult your tax advisor concerning the tax treatment of any pre-issuance accrued stated interest on the additional 20 notes.

#### Payments of Stated Interest
Stated interest on your additional 20 notes (which should exclude any pre-issuance accrued stated interest, as discussed above) will be included in your gross income and taxed as ordinary interest income at the time such interest is accrued or received in accordance with your method of accounting for United States federal income tax purposes.

#### Bond Premium
If you purchase an additional 20 note for an amount (excluding any amount attributable to any pre-issuance accrued stated interest described above) in excess of the stated principal amount of such additional 20 note, you will be considered to have purchased such additional 20 note with “bond premium” equal to the excess of your purchase price over the stated principal amount. It may be possible for you to elect to amortize the premium over the remaining term of the additional 20 notes using a constant yield method. However, because we may call the additional 20 notes under certain circumstances at a price in excess of their stated principal amount, such amortization may be reduced, deferred and/or eliminated. Any amortized amount of the bond premium for a taxable year generally will be treated first as a reduction of interest on the note includible in your gross income in such taxable year to the extent thereof, then as a deduction allowed in that taxable year to the extent of your prior interest inclusions on such note, and finally as a carryforward allowable against your future interest inclusions on such note. If you make such an election, your tax basis in such note will be reduced by the amount of the allowable amortization. If you do not elect to amortize bond premium, the premium will remain a part of your tax basis in such note. An election to amortize bond premium will apply to all taxable debt obligations held or subsequently acquired by you on or after the first day of the first taxable year to which the election applies. Once made, you may not revoke the election without the consent of the IRS. You should consult your tax advisor before making this election and regarding the calculation and amortization of any bond premium.

Sale or Other Taxable Disposition of Additional 20 Notes

Upon the sale, exchange, redemption, retirement or other taxable disposition of the additional 20 notes, you generally will recognize taxable gain or loss equal to the difference, if any, between:

• the amount realized on the disposition