FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * LISTON THOMAS J   2. Issuer Name and Ticker or Trading Symbol HUMANA INC [HUM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr VP-Senior Products (Last) (First) (Middle) HUMANA INC., 500 WEST MAIN STREET 3. Date of Earliest Transaction (Month/Day/Year) 12/30/2011 (Street) LOUISVILLE, KY 40202 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Humana Common 12/30/2011   M   17,900 A $ 32.7 112,765 D   Humana Common 12/30/2011   M   10,000 A $ 12.995 122,765 D   Humana Common 12/30/2011   M   10,000 A $ 9.26 132,765 D   Humana Common 12/30/2011   M   10,000 A $ 21.275 142,765 D   Humana Common 12/30/2011   M   8,564 A $ 53.96 151,329 D   Humana Common 12/30/2011   M   4,866 A $ 62.1 156,195 D   Humana Common 12/30/2011   M   6,269 A $ 69.475 162,464 D   Humana Common 12/30/2011   M   5,998 A $ 45.975 168,462 D   Humana Common 12/30/2011   M   5,375 A $ 41.83 173,837 D   Humana Common 12/30/2011   S   73,740 D $ 87.569 100,097 D   Humana Common               9,851 I See Footnote (1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (5)	$ 32.7	12/30/2011		M			17,900	(7)	02/24/2012	Humana Common	17,900	$ 32.7	0	D
Options (2)	$ 12.995	12/30/2011		M			10,000	(3)	03/13/2012	Humana Common	10,000	$ 12.995	0	D
Options (2)	$ 9.26	12/30/2011		M			10,000	(4)	03/13/2013	Humana Common	10,000	$ 9.26	0	D
Options (5)	$ 21.275	12/30/2011		M			10,000	(6)	02/24/2014	Humana Common	10,000	$ 21.275	0	D
Options (5)	$ 53.96	12/30/2011		M			8,564	(8)	02/23/2013	Humana Common	8,564	$ 53.96	0	D
Options (5)	$ 62.1	12/30/2011		M			4,866	(9)	02/22/2014	Humana Common	4,866	$ 62.1	0	D
Options (5)	$ 69.475	12/30/2011		M			6,269	(10)	02/21/2015	Humana Common	6,269	$ 69.475	0	D
Options (5)	$ 45.975	12/30/2011		M			5,998	(11)	04/01/2015	Humana Common	5,998	$ 45.975	11,995	D
Options (5)	$ 41.83	12/30/2011		M			5,375	(12)	02/19/2016	Humana Common	5,375	$ 41.83	2,688	D
Restricted Stock Units (13)	(14)							(15)	(15)	Humana Common	4,095		4,095	D
Restricted Stock Units (13)	(14)							(16)	(16)	Humana Common	5,721		5,721	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
LISTON THOMAS J HUMANA INC. 500 WEST MAIN STREET LOUISVILLE, KY 40202			Sr VP-Senior Products

Signatures

Thomas J. Liston		01/03/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Shares held for the benefit of reporting person as of November 30, 2011 under the Humana Retirement & Savings Plan including a routine disposition of shares to fund an administrative fee assessment under a Tax-Conditioned Plan, both exempt under Rule 16b-3(c).
(2)	Right to buy pursuant to the Company's 1996 Stock Incentive Plan for Employees.
(3)	Incentive and Non-Qualified stock options granted to reporting person on 3/13/02, NQ options vesting on 3/13/03, and ISO's vesting in two increments on 3/13/04 and 3/13/05.
(4)	Incentive stock options granted to reporting person on 3/13/03 vesting in three increments from 3/13/04 to 3/13/06.
(5)	Right to buy pursuant to the Company's 2003 Stock Incentive Plan.
(6)	Incentive and Non-Qualified stock options granted to reporting person on 2/24/04, NQ vesting in two increments on 2/24/05 and 2/24/06, and ISO's vesting in three increments from 2/24/05 to 2/24/07.
(7)	Incentive and Non-Qualified stock options granted to reporting person on 2/24/05, NQ options vesting in three increments from 2/24/06 to 2/24/08, and ISO's vesting in two increments on 2/24/07 and 2/24/08.
(8)	Incentive and Non-Qualified stock options granted to reporting person on 2/23/06, NQ options vesting in three increments from 2/23/07 to 2/23/09, and ISO's vesting on 2/23/09.
(9)	Incentive and Non-Qualified stock options granted to reporting person on 2/22/07, NQ options vesting in three increments from 2/22/08 to 2/22/10, and ISO's vesting on 2/22/10.
(10)	Incentive and Non-Qualified stock options granted to reporting person on 2/21/08, NQ options vesting in three increments from 2/21/09 to 2/21/11, and ISO's vesting on 2/21/11.
(11)	Incentive and Non-Qualified stock options granted to reporting person on 4/1/08, NQ options vesting in three increments from 4/1/11 to 4/1/13, and ISO's vesting in two increments on 4/1/12 and 4/1/13.
(12)	Reporting person was granted the maximum number of Incentive stock options allowed and remaining options were granted as Non-Qualified stock options. The option grant vests in three increments from 2/19/10 to 2/19/12.
(13)	Right to receive one share per restricted stock unit pursuant to the Company's 2003 Stock Incentive Plan.
(14)	Each restricted stock unit represents a contingent right to receive one share of Humana Inc. common stock, exempt under Rule 16b-3(d)(1) & (3).
(15)	Restricted stock units granted to reporting person on 2/18/10, 100% of the award is vesting on 2/18/13.
(16)	Restricted stock units granted to reporting person on 2/17/11, 100% of the award is vesting on 2/17/14.

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