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. (symbol: HUM) is a leading private health insurer in the United States, with a primary focus on Medicare Advantage plans. The company has carved out a significant niche in the healthcare market by specializing in government-sponsored programs. Nearly all of Humana's medical memberships come from individual and group Medicare Advantage plans, Medicaid, and the military's Tricare program. This makes it a pivotal player in providing health insurance solutions to a diverse segment of the population.
In addition to its core insurance offerings, Humana is a frontrunner in stand-alone prescription drug plans, particularly for seniors enrolled in traditional fee-for-service Medicare. This is part of their broader commitment to ensuring comprehensive healthcare accessibility for all members.
Humana continuously strives to innovate and improve its services, recognizing that healthcare needs are dynamic and vary among individuals, families, and communities. The company's cultural foundation is deeply rooted in helping members achieve optimal health by delivering personalized and simplified healthcare experiences. Their array of services includes not only medical insurance but also primary-care services, at-home healthcare services, and pharmacy benefit management.
The company's recent achievements and current projects reflect its commitment to holistic health solutions. Through CenterWell, Humana provides the latest updates and resources aimed at helping people live their healthiest lives on their terms, whenever and wherever they need it.
Humana's employees are central to its mission. The company has built an organization of dynamic talent, whose experience and passion are focused on putting the customer first. This dedication is evident in their innovative approach to healthcare, which continuously adapts to meet evolving needs.
With its strong financial condition and strategic partnerships, Humana is well-positioned to continue its leadership in the healthcare industry. Whether you are an investor looking for reliable stock performance or a member seeking high-quality healthcare services, Humana remains a standout choice.
Humana Healthy Horizons in Kentucky announced a $207,000 investment to enhance internet infrastructure in Lyon County, aiding approximately 180 residents. This initiative responds to the county's low broadband availability, ranked 40th in the nation. The investment will fund fiber optic connections, create access points, establish a telehealth hub, and provide educational resources. Humana's regional president emphasized the importance of improving access to telehealth services, aiming for better health outcomes and technological equity in the area.
Humana Inc. (NYSE: HUM) is expanding its health plan options for Medicare beneficiaries in Connecticut. New offerings include affordable Medicare Advantage plans and a Humana Honor plan designed to complement Veterans Affairs (VA) benefits. The Humana Honor plan, a $0 premium PPO, offers coverage for non-VA services and includes dental and vision care. Additionally, a new Dual Eligible Special Needs plan provides a $50 Healthy Foods Card and a $75 OTC allowance to combat food insecurity. Enrollment for these plans begins during the Annual Election Period from Oct. 15 to Dec. 7, 2021.
On Oct. 13, 2021, Cohere Health announced a nationwide expansion of its digital authorization platform for musculoskeletal services in partnership with Humana Inc. (HUM). Following a successful initial rollout in 12 states, the platform now processes 95% of MSK authorization requests, reducing approval times to a median of 0 minutes in 89% of cases. The expansion aims to enhance provider satisfaction and care delivery while improving efficiency. Cohere's platform integrates AI and clinical policies to streamline authorization, fostering a collaborative care approach across Humana's network.
Humana has announced a substantial expansion of its Medicare Advantage (MA) offerings in Tennessee for the 2022 plan year, introducing a new statewide Dual Eligible Special Needs Medicare Advantage (D-SNP) plan and a $0 premium PPO plan in 38 counties. The new D-SNP includes a $75 monthly Healthy Foods Card. Additionally, the Humana Honor plan is enhanced with increased benefits. COVID-19 coverage is also included in all MA plans, offering $0 copay for testing and home-delivered meals for members with a COVID diagnosis.
Humana Inc. subsidiary CarePlus Health Plans has earned a 5-star quality rating for its Medicare Advantage HMO plan in Florida for the fifth time, with this being the fourth consecutive year of achieving this rating from Centers for Medicare & Medicaid Services (CMS). The company has doubled its member base to approximately 200,000 members over six years, showcasing a strong commitment to healthcare quality and customer service. The recognition reflects CarePlus's focus on delivering excellent services during the pandemic, supported by a dedicated team of healthcare professionals.
Humana Inc (NYSE: HUM) announces its statewide HMO Medicare Advantage plan in Tennessee has received a 5-star rating from the Centers for Medicare & Medicaid Services (CMS), recognizing its commitment to high-quality care and member service. This plan, available in all of Tennessee's 95 counties, has previously achieved a 5-star rating in 2019. The rating reflects Humana's focus on member engagement and successful partnerships with physicians, enhancing care continuity during the COVID-19 pandemic. The Medicare Advantage Annual Election Period runs from Oct. 15 to Dec. 7, 2021.
Humana Inc. (NYSE: HUM) announced that its Louisiana Medicare Advantage HMO plan achieved a 5-star rating from the Centers for Medicare and Medicaid Services for the 2022 plan year. This achievement reflects Humana's commitment to quality care, serving over 185,000 members statewide. Humana's success is attributed to a collaborative strategy with local healthcare providers, focusing on positive health outcomes, especially during the COVID-19 pandemic. The Medicare Advantage Annual Election Period is from Oct. 15 to Dec. 7, 2021, with new coverage starting on Jan. 1, 2022.
Humana Inc. (NYSE: HUM) announced that its Kentucky HMO plan has received a 5-star quality rating for the 2022 plan year from the Centers for Medicare and Medicaid Services (CMS). This rating, awarded to only four Medicare Advantage plans nationwide, underscores Humana’s commitment to high-quality care and patient-centered outcomes. Humana’s collaborations with local health providers have enhanced care accessibility for members. The Medicare Advantage enrollment period begins on Oct. 15, allowing eligible individuals to select plans with top ratings.
Humana Inc. (NYSE: HUM) achieved significant success in the 2022 Medicare Star Ratings, receiving a record four 5-star ratings across its contracts, covering around 527,000 members in Florida, Louisiana, Tennessee, and Kentucky. Additionally, it secured 4.5-star ratings for eight Medicare Advantage contracts, impacting over 1.6 million members. Approximately 97% of Humana's Medicare Advantage members are enrolled in plans rated 4 stars and above. The company emphasizes its commitment to high-quality care and customer service as it continues to navigate healthcare delivery challenges amidst the COVID-19 pandemic.
Humana Inc. (NYSE: HUM) is launching a new affordable Medicare Advantage PPO plan in 37 rural counties of Eastern North Carolina, aiming to provide enhanced healthcare options during the upcoming Medicare Advantage Annual Election Period from
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