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Humana Inc. - HUM STOCK NEWS

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.

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The Humana Foundation, the philanthropic arm of Humana Inc. (NYSE: HUM), has announced a $200,000 donation to support Hurricane Ida recovery efforts in Louisiana. This donation aims to assist communities affected by the hurricane's devastation, which includes flooding and damage to homes. The funds will be distributed via the Greater New Orleans Foundation, focusing on urgent recovery needs. The Humana Foundation has a history of supporting disaster relief efforts, emphasizing food and financial security.

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Humana Foundation has awarded $1.8 million to various nonprofit organizations in Louisville, enhancing its total contributions to over $10 million since 2018. This funding is part of its Community Partners Program, aimed at improving health equity by addressing social determinants of health. The recipients, totaling 30 organizations, will utilize the funds for initiatives in education, community engagement, and health access. The Foundation emphasizes support for marginalized communities during critical times.

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Humana and the University of Mississippi Medical Center (UMMC) have entered an in-network agreement, enhancing healthcare access for Humana Medicare Advantage HMO and PPO members in Mississippi. This agreement, effective August 1, 2021, allows members to receive care at UMMC in Jackson and Grenada, as well as at Holmes County Hospital in Lexington. Humana aims to strengthen its commitment to member health through this expanded network, which aligns with UMMC's strategic priority to improve statewide healthcare accessibility.

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Humana Inc. (NYSE: HUM) will release its 3Q21 financial results on November 3, 2021 at 6:30 a.m. Eastern time. A conference call will follow at 9:00 a.m. Eastern time to discuss results and earnings guidance. Interested parties can call 888-625-7430. For those unable to attend, a replay will be available shortly after the event. The earnings announcement will include non-GAAP financial measures, with reconciliations provided in the release available on the Investor Relations page.

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Humana has signed an in-network agreement with Kelsey-Seybold Clinic to expand access to care for members of its Medicare Advantage HMO plans starting January 1, 2022. This collaboration will provide Houston-area members with access to over 26 Kelsey-Seybold locations and more than 500 providers across 55 medical specialties. The partnership emphasizes Humana's commitment to value-based care, enhancing personalized and coordinated health services for Medicare beneficiaries.

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Humana Inc. (NYSE: HUM) announced a $25 million investment to enhance affordable housing in states including Florida, Georgia, and Texas. This initiative aims to address housing stability as a critical social determinant of health, particularly for Medicaid-eligible individuals. The funds will be distributed through three syndicated funds focusing on increasing affordable housing capacity. Humana's strategy includes partnerships to offer eviction prevention and support for vulnerable populations, reflecting its commitment to health equity.

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Humana and Curant Health have launched a pilot program targeting Chronic Heart Failure (CHF) and Chronic Obstructive Pulmonary Disease (COPD) among Humana members. The initiative focuses on improving medication adherence and aims to reduce health care costs. Through a randomized control trial, the collaboration intends to enhance patient safety and decrease hospital admissions. Humana emphasizes its commitment to medication adherence while Curant Health showcases its high-touch clinical support model, promising to better patient outcomes.

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Humana Inc. (NYSE: HUM) has announced a $500,000 donation through The Humana Foundation to support Hurricane Ida relief efforts in Louisiana. This includes $300,000 allocated to organizations like the United Way of Southeast LA and Imagine Water Works for immediate needs. Additionally, $200,000 is reserved for ongoing assistance as the situation evolves. Humana is also suspending referral and prior authorization requirements for affected members and providing free crisis counseling services.

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Humana Inc. (NYSE: HUM) has announced a donation of $50,000 through its philanthropic arm, The Humana Foundation, to support relief efforts for recent flooding in Tennessee. The flooding, which occurred on August 21st, resulted in 14 inches of rain in six hours, leading to over 20 deaths and damage to at least 270 homes. The funds will assist the Tennessee Emergency Response Fund in providing support through grants to local nonprofits aiding affected communities.

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Humana Inc. (NYSE: HUM) and Mays Business School at Texas A&M University have announced the 2021 Humana-Mays Healthcare Analytics Case Competition, offering a total prize package of $80,000. First place will receive $50,000, second place $20,000, and third place $10,000. The competition is open to master’s students from accredited U.S. institutions, encouraging teams to solve a real-world healthcare business challenge. The event highlights Humana's commitment to analytics in healthcare and aims to advance student learning through real-world applications.

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FAQ

What is the current stock price of Humana (HUM)?

The current stock price of Humana (HUM) is $255.52 as of December 24, 2024.

What is the market cap of Humana (HUM)?

The market cap of Humana (HUM) is approximately 30.8B.

What is Humana Inc.'s primary focus?

Humana Inc. primarily focuses on administering Medicare Advantage plans and other government-sponsored healthcare programs.

What types of healthcare services does Humana provide?

In addition to medical insurance, Humana offers primary-care services, at-home healthcare services, and pharmacy benefit management.

Who are Humana's primary members?

Humana's primary members include individuals and groups enrolled in Medicare Advantage plans, Medicaid, and the military's Tricare program.

How does Humana innovate in healthcare delivery?

Humana continuously creates innovative solutions and resources to help people live healthier lives on their terms, recognizing the evolving needs of individuals, families, and communities.

What is CenterWell?

CenterWell is an initiative by Humana that provides the latest updates and resources aimed at helping people live their healthiest lives.

Why is Humana a significant player in healthcare?

Humana is a significant player due to its comprehensive offerings in Medicare Advantage plans, prescription drug plans, and its commitment to personalized healthcare experiences.

How does Humana support its mission through its employees?

Humana is dedicated to building an organization of dynamic talent, with employees whose experience and passion focus on putting the customer first.

What sets Humana apart from other health insurers?

Humana sets itself apart through its specialization in government-sponsored programs and its leadership in stand-alone prescription drug plans for seniors.

What recent achievements has Humana made?

Humana's recent achievements include continuous innovation in healthcare solutions and maintaining a strong financial condition and strategic partnerships.

How does Humana's cultural foundation influence its operations?

Humana's cultural foundation is aligned to help members achieve their best health through personalized and simplified healthcare experiences, reflecting in its products and services.

Humana Inc.

NYSE:HUM

HUM Rankings

HUM Stock Data

30.77B
120.13M
0.22%
94.69%
3.78%
Healthcare Plans
Hospital & Medical Service Plans
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United States of America
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