XML 49 R17.htm IDEA: XBRL DOCUMENT v3.2.0.727
INCOME TAXES
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
INCOME TAXES
INCOME TAXES
The effective income tax rate was 45.6% for the three months ended June 30, 2015, compared to 46.7% for the three months ended June 30, 2014. For the six months ended June 30, 2015, the effective tax rate was 44.0% compared to 46.5% for the six months ended June 30, 2014. The tax effect of the sale of Concentra reduced our effective tax rate by approximately 6.5 percentage points for each of the three and six months ended June 30, 2015, partially offset by an increase in the non-deductible health insurance industry fee from 2014. Humana Inc., our parent company, recognized the deferred tax asset for the excess of the tax basis over the book basis of its Concentra subsidiary of approximately $53 million during the first quarter of 2015 because realization of the asset in the foreseeable future was apparent with the classification of the assets and liabilities of Concentra as held-for-sale.