Welcome to our dedicated page for Humana news (Ticker: HUM), a resource for investors and traders seeking the latest updates and insights on Humana stock.
Humana Inc. (NYSE: HUM) is a U.S. healthcare company in the direct health and medical insurance carriers industry, with operations spanning insurance services and CenterWell health care services. News about Humana often centers on its Medicare Advantage and Medicaid activities, partnerships that expand care models, and initiatives that address social determinants of health and health equity.
Recent announcements highlight Humana’s focus on Medicare Advantage, including earnings guidance updates and investor communications disclosed through Form 8-K filings, as well as program-specific developments such as Humana USAA Honor Giveback plans that are designed with veterans’ needs in mind. These co-branded Medicare Advantage plans feature benefits like $0 copays for in-network primary care and in-network mental health services, Part B givebacks and coverage for dental, vision and hearing, while remaining available to any eligible Medicare beneficiary in the covered areas.
Humana news also reflects its emphasis on value-based care and integrated support for complex conditions. The company has announced a partnership with Atlas Oncology Partners to offer a coordinated oncology care model for eligible Humana Medicare Advantage members in Tennessee and Mississippi, bringing together interdisciplinary care teams, care coordination, psychosocial support and advanced supportive care. In parallel, CenterWell Senior Primary Care and Conviva Senior Primary Care have partnered with Thyme Care to provide continuous, oncology-focused support to eligible patients across several states.
Beyond insurance and clinical partnerships, Humana-related coverage includes updates from the Humana Foundation on research into loneliness among underserved boys and food insecurity among seniors, as well as community impact awards through Humana Healthy Horizons in Oklahoma to organizations addressing food, housing and employment needs. Visitors to this page can explore earnings-related updates, ratings actions from agencies such as AM Best, leadership transitions, philanthropic reports and community initiatives that illustrate how Humana combines insurance, care delivery and community investment.
Humana Inc. (NYSE: HUM) has announced its Medicare Advantage and Medicare Prescription Drug Plan offerings for 2025. The company is focusing on providing affordable, quality healthcare options tailored to meet varying needs of Medicare beneficiaries. Humana will offer a total of 793 individual Medicare Advantage plans nationwide, including:
- Full Access PPO plans with in and out-of-network flexibility
- $0 LPPO MAPD Giveback plans in 35 states
- Veteran-focused plans co-created with USAA
- Dual-eligible Special Needs Plans (D-SNP)
- Chronic Condition Special Needs Plans (C-SNP)
- Institutional Special Needs Plans (I-SNP)
Humana's 2025 plans will include enhanced benefits such as new glasses every year and comprehensive dental coverage in most areas. The company is also expanding its Medicare Advantage offerings to new counties and states.
Humana Inc. (NYSE: HUM) will release its third quarter 2024 (3Q24) financial results on October 30, 2024, at 6:30 a.m. Eastern time. The company will host a live Q&A session at 9:00 a.m. Eastern time to discuss the results and 2024 earnings guidance. Participants can register for the telephone conference or access the webcast via Humana's Investor Relations page. The company's 3Q24 earnings news release is expected to include non-GAAP financial measures, with reconciliations and explanations to be provided. Humana, through its insurance services and CenterWell health care services, aims to improve the quality of life for people with Medicare, Medicaid, families, individuals, military personnel, and communities.
CenterWell™ and Conviva Care Center have launched CenterWell Presents and Conviva on Demand, free online health education libraries for seniors. These resources include live webinars and recorded videos on various senior-focused health topics, available to anyone regardless of patient status. The content covers topics such as blood pressure, arthritis, sleep habits, and medication management for chronic diseases.
With over 60 pieces of health education content, seniors can access recorded videos, flyers, or sign up for bi-monthly live webinars with interactive opportunities. Dr. Vivek Garg, Chief Medical Officer, emphasizes the importance of improving health literacy to overcome care barriers and enhance health outcomes, especially in underserved areas.
CenterWell Senior Primary Care and Conviva Care Center collectively serve about 332,000 seniors in nearly 300 centers across 15 states, with plans to expand by 30-50 centers annually through 2025. These initiatives aim to support seniors in managing chronic conditions and living healthier lives.
Humana Inc. (NYSE: HUM) and Interwell Health have expanded their value-based care agreement to include Florida for eligible Humana Medicare Advantage members with chronic kidney disease (CKD) and end-stage kidney disease (ESKD). This expansion brings Interwell's support services to 14 states for CKD members and 39 states for ESKD members.
The program offers comprehensive care and specialized resources, including access to 2,000 network nephrologists and various healthcare professionals. Humana reported a 5% reduction in unnecessary hospital admissions in 2023 through its value-based kidney care partnerships. The expansion aims to improve patient outcomes and quality of life for the growing number of adults living with kidney disease.
Texas A&M University's Mays Business School and Humana Inc. have launched the 2024 Humana-Mays Healthcare Analytics Case Competition. This nationwide competition, now in its eighth year, offers master's students from AACSB-accredited programs a chance to tackle real-world healthcare business problems. Teams of 2-4 students compete for a total prize package of $90,000, with the first-place team winning $50,000.
The virtual competition is open to all U.S. accredited institutions and focuses on showcasing students' analytical talents. Judging criteria include quantitative analysis, professionalism, data visualization, and the ability to provide meaningful recommendations. Key dates include team registration by September 27, with final presentations and winners announced on November 14.
Humana Inc. (HUM) has been named a Certified™ Great Place To Work® for the third consecutive year, based on employee feedback. 81% of employees rated Humana as a great workplace, surpassing the average company by 24 percentage points. Employees praised Humana's focus on well-being, work-life balance, and welcoming atmosphere. The company has implemented various initiatives, including its first Community Day and an improved Military-Connected Hiring Strategy. Humana has also received recognition on other prestigious lists, such as Fortune's Best Workplaces in Health Care™ and PEOPLE's 100 Companies That Care. This certification is expected to positively impact job seekers' perceptions and employee retention.
Humana Inc. (NYSE: HUM) has published a groundbreaking study in Health Affairs, conducted with Harvard University, on senior-focused primary care. The study, analyzing data from over 462,000 Medicare Advantage patients, reveals that senior-focused primary care organizations provide better access to care compared to traditional fee-for-service models. Key findings include:
- 17% more primary care visits for patients in senior-focused care
- 39% more visits for Black beneficiaries and 21% more for low-income beneficiaries
- Potential improvements in cancer screenings, medication adherence, and chronic disease management
This value-based care model, tailored to older adults' needs, shows promise in reducing health disparities and improving overall health outcomes for seniors, particularly those with chronic conditions and complex needs.
Humana Inc. (NYSE: HUM) has announced a new value-based kidney care program in partnership with Evergreen Nephrology. This initiative aims to enhance the quality of care and optimize health outcomes for individuals living with chronic kidney disease and end-stage kidney disease. Eligible Humana Medicare Advantage members will have access to a team of Evergreen professionals who will work alongside their nephrologist to provide personalized, comprehensive care.
The program is available in 17 states across the U.S. and focuses on delivering patient-centered care to improve health outcomes and quality of life. This collaboration aligns with Humana's commitment to value-based care, which incentivizes more holistic and efficient patient-centered approaches. With over one in seven Americans living with chronic kidney disease, this program represents a significant step towards expanding access to high-quality kidney care.
CenterWell Home Health, one of America's largest home health providers, has launched its 20th annual Food Fundraising Drive to combat food insecurity. The drive, running through Sept. 21, involves collecting food and funds for local food banks across 38 states. CenterWell is also partnering with Feeding America for online financial contributions.
Over the years, CenterWell Home Health has contributed more than 1.3 million meals to those in need. According to 2022 data, 7 million seniors aged 60+ face hunger due to food insecurity, representing 1 in 11 seniors or 8.7% of all seniors. The initiative aims to address the significant impact of food insecurity on seniors' health and nutrition.
Humana Inc. (NYSE: HUM) has been recognized as one of PEOPLE's '100 Companies That Care' for 2024, ranking 46th. The list honors companies that go above and beyond for customers, employees, and communities. 81% of Humana employees surveyed said it's a great place to work, while 86% felt good about the company's community contributions.
Humana recently held its first Community Day in Louisville, Kentucky, kicking off a nationwide 'Month of Impact' aiming to generate $10 million in collective impact to local communities. Activities included packing one million meals for distribution, cleaning up Waterfront Park, and providing nutrition education. The company was particularly praised for its support of military personnel, veterans, and their families.