HUMANA INC
4, 1997-11-06
HOSPITAL & MEDICAL SERVICE PLANS
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Perkins, Bruce D
   500 W. Main St.
   Louisville, KY  40202
   USA
2. Issuer Name and Ticker or Trading Symbol
   Humana Inc.
   HUM
3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   October 31, 1997
5. If Amendment, Date of Original (Month/Year)
   
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Sr. Vice President - Provider Affairs & Reengineering
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common (1)                 |10/31/|P   | |1,000             |A  |21.00      |10,501             |D     |                           |
                           |97    |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common (1)                 |      |    | |                  |   |           |12,029.7           |I     |HRSP(2)                    |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Common(3)             |6.8694  |     |    | |           |   |03/02|03/02|Common      |249    |       |249         |D  |            |
                      |        |     |    | |           |   |/92  |/99  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |11.0131 |     |    | |           |   |09/13|09/13|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/91  |/00  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |11.0131 |     |    | |           |   |09/13|09/13|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/92  |/00  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |11.0131 |     |    | |           |   |09/13|09/13|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/93  |/00  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |8.9098  |     |    | |           |   |11/18|11/18|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/92  |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |8.9098  |     |    | |           |   |11/18|11/18|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/93  |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |8.9098  |     |    | |           |   |11/18|11/18|Common      |1,000  |       |1,000       |D  |            |
                      |        |     |    | |           |   |/94  |/01  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |6.5625  |     |    | |           |   |04/14|04/14|Common      |15,000 |       |15,000      |D  |            |
                      |        |     |    | |           |   |/96  |/03  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |6.5625  |     |    | |           |   |04/14|04/14|Common      |15,000 |       |15,000      |D  |            |
                      |        |     |    | |           |   |/97  |/03  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |6.5625  |     |    | |           |   |04/14|04/14|Common      |15,000 |       |15,000      |D  |            |
                      |        |     |    | |           |   |/98  |/03  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |23.0625 |     |    | |           |   |01/12|01/12|Common      |10,000 |       |10,000      |D  |            |
                      |        |     |    | |           |   |/96  |/05  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |23.0625 |     |    | |           |   |01/12|01/12|Common      |10,000 |       |10,000      |D  |            |
                      |        |     |    | |           |   |/97  |/05  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(3)             |23.0625 |     |    | |           |   |01/12|01/12|Common      |10,000 |       |10,000      |D  |            |
                      |        |     |    | |           |   |/98  |/05  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(4)             |15.625  |     |    | |           |   |07/11|07/11|Common      |33,334 |       |33,334      |D  |            |
                      |        |     |    | |           |   |/97  |/06  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(4)             |15.625  |     |    | |           |   |07/11|07/11|Common      |33,333 |       |33,333      |D  |            |
                      |        |     |    | |           |   |/98  |/06  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common(4)             |15.625  |     |    | |           |   |07/11|07/11|Common      |33,333 |       |33,333      |D  |            |
                      |        |     |    | |           |   |/99  |/06  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Phantom Stock Unit (5)|1-for-1 |     |    | |           |   |(5)  |(5)  |Common      |724.276|       |724.2761    |D  |            |
                      |        |     |    | |           |   |     |     |            |1      |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Each share of Common Stock contains a Right adopted on March 5,1987, as 
amended and restated on 
February 14,1996, pursuant to the Company's Rights Agreement which entitles 
holders of the Company's Common 
Stock in the event certain specified events occur to acquire 1/100th of a share 
of Series A Participating Preferred 
Stock at a price of $145 per fractional share.
(2)  Shares held for my benefit as of September 30, 1997 under the Humana 
Retirement and Savings Plan 
("HRSP"), exempt under Rule 16b-3(f).
(3) Right to buy pursuant to the Company's 1989 Stock Option Plan for 
Employees.
(4) Right to buy  pursuant to the Company's 1996 Stock Incentive Plan for 
Employees.
(5)  Phantom stock units held for my benefit as of September 30, 1997, under 
the Humana Excess Plans exempt 
under Rule 16b-3(d).



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