Humana Inc. - HUM STOCK NEWS

Humana Inc. has launched the new CareBreeze (HMO C-SNP) plan for Medicare beneficiaries facing chronic lung disorders, supplementing its existing CareComplete (HMO C-SNP) plan aimed at those with diabetes and heart disease. The CareBreeze plan is available during the Medicare enrollment period from Oct. 15 to Dec. 7, 2021 with coverage starting on Jan. 1, 2022. With 14% of Floridians impacted by chronic lung conditions, this initiative aims to enhance treatment quality and affordability, supported by a 5-star CMS rating for the upcoming plan year.

Humana Inc. (NYSE: HUM) declared a cash dividend of $0.70 per share, scheduled for payment on January 28, 2022. This payment will benefit stockholders on record as of the close of business on December 31, 2021. Humana's commitment to improving health care delivery and well-being for its members reinforces its strategic focus on integrated care, which aims to reduce costs while enhancing quality of life for diverse populations, including Medicare beneficiaries and military service personnel.

Humana Inc. (NYSE: HUM) has launched a new initiative through its Medicaid business, Humana Healthy Horizons, to deploy two mobile clinics in Louisiana, funded with a commitment of $400,000. The clinics, operated in partnership with Ochsner Health, will provide essential health services to underserved populations, including screenings, immunizations, and telehealth access, operating up to six days a week. This initiative addresses health inequities exacerbated by COVID-19 and recent natural disasters. The mobile clinics are expected to be fully operational later this month.

Northeast Georgia Health System (NGHS) has partnered with Humana Inc. (NYSE: HUM) to provide in-network access for Humana Medicare Advantage members to various medical facilities and professionals in Northeast Georgia. Effective September 1, 2021, this agreement enhances patient access to hundreds of physicians. Humana members can select plans during the Medicare Annual Election Period, which runs from October 15 to December 7, 2021, for access starting January 1, 2022. This collaboration aims to improve health services in the community.

Findings from a new national poll indicate that the COVID-19 pandemic has significantly affected seniors' health and values. Conducted by Humana Inc (NYSE: HUM) and Kelton Global, the survey of 1,003 seniors reveals that 80% report life changes since March 2020. Key findings include 51% spending more time alone, 52% experiencing decreased physical activity, and 84% using technology for health management. As the Medicare Annual Election Period approaches, many seniors are prioritizing coverage that meets their healthcare needs and shows sensitivity to social equity issues.

Humana Inc. (NYSE: HUM) is launching Medicare Advantage plans on Maryland's Eastern Shore, featuring the $0 premium Humana Honor plan. Residents in eight counties can enroll during the Medicare Advantage Annual Election Period from October 15 to December 7, 2021, for coverage beginning January 1, 2022. The Humana Honor plan includes benefits like dental coverage, a $50 Part B premium reduction, and more. Additional COVID-19 support includes $0 copays for testing and 14 days of home-delivered meals. This expansion targets veterans by complementing VA health care coverage.

Humana Inc. (NYSE: HUM) has announced that Bruce D. Broussard, the President and CEO, will present to investors at the Credit Suisse Conference on November 10, 2021, at 8:50 a.m. Eastern time. Interested participants can access a live audio webcast of the presentation on Humana's Investor Relations page, with a recommendation to log in 15 minutes early for system checks. Humana focuses on integrated health care solutions, supporting members through a range of services that enhance health quality and lower costs.

AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (ICR) of "a-" (Excellent) for Humana Inc.'s health and dental insurance subsidiaries. The ratings reflect the strong balance sheet strength and adequate operating performance of Humana Health Group. The company has demonstrated solid earnings, with consistent net income exceeding $1.5 billion annually over the past four years. However, increased financial leverage is expected due to a recent acquisition. The outlook for these ratings remains stable.

Humana Inc. (NYSE: HUM) is expanding its Medicare Advantage offerings in New Jersey, adding plans in Ocean, Passaic, and Cape May counties. This expansion increases its reach to approximately 95% of the state. During the Medicare Advantage and Prescription Drug Plan Annual Election Period from October 15 to December 7, 2021, beneficiaries can select from a variety of affordable plans. Key features include $0 copay for COVID-related services, low premiums, and added benefits like SilverSneakers and Go365 wellness programs.