Company: HUM
Filing Date: 2025-03-04
Form Type: 424B5
Source: 0001628280-25-009923
Chunk: 12

Company: HUMANA INC
Filing Date: 2025-03-04
Form: 424B5
Chunk 12
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 net proceeds from the issuance and sale of the notes will be approximately $1.231 billion, after deducting underwriters’ discounts and our estimated offering expenses. We intend to use the net proceeds from this offering to repay our 2025 Notes at maturity in April 2025. We intend to use the remainder of the net proceeds from this offering for general corporate purposes, which may include the repayment of existing indebtedness, including borrowings under our commercial paper program.

If we do not use the net proceeds immediately, we will temporarily invest them in short-term, interest-bearing obligations.

As of February 28, 2025, the annual interest rate on the 2025 Notes was 4.500%. The maturity date for the 2025 Notes is April 1, 2025.

As of February 28, 2025, our outstanding commercial paper had a weighted average annual interest rate of approximately 4.57%. All outstanding issuances of commercial paper are due within one year from the date of this prospectus.

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Table of Contents

### DESCRIPTION OF THE NOTES
The following description of the notes offered hereby supplements the more general description of the debt securities that appears in the accompanying prospectus. You should read this section together with the section entitled “Description of the Debt Securities” in the accompanying prospectus. If there are any inconsistencies between the information in this section and the information in the accompanying prospectus, the information in this section controls and will apply to the notes.

Each series of notes will be issued under a base indenture dated as of August 5, 2003 (the “base indenture”), between Humana and The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York Trust Company, N.A.) (as successor to The Bank of New York), as trustee (the “trustee”), as supplemented by separate supplemental indentures to be dated as of March 5, 2025.

As used in this section, all references to the indenture mean the indenture for each series of notes, in each case consisting of the base indenture as supplemented by the applicable supplemental indenture. The terms of the notes include those expressly set forth in the indenture and those made part of the indenture by reference to the Trust Indenture Act of 1939, as amended, or the TIA.

This description of the notes is intended to be an overview of the material provisions of the notes and