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 Inc. (NYSE: HUM) is set to acquire the remaining 50% stake in Wisconsin health care company iCare from its co-owner Centers for Independence, Inc. The joint venture, established in 1994, currently serves 44,000 members through Medicaid and Medicare programs. This acquisition will enhance Humana's Medicaid membership to over 730,000 across four states. With this move, Humana aims to deepen its community presence in Wisconsin and leverage its capabilities to better serve Medicaid recipients. Financial terms of the transaction have not been disclosed.
Humana Inc. (NYSE: HUM) and Prime Accountable Care West have signed an agreement allowing Medicare Advantage HMO members in Las Vegas and Henderson greater access to medical care. Effective January 1, 2021, members will have 120 new primary care providers at 42 Prime West locations. This value-based care agreement enhances Humana's existing arrangements with Prime West, emphasizing improved health outcomes and patient experiences. Humana supports over 4.5 million Medicare Advantage members with a focus on integrated care.
Humana Inc. (NYSE: HUM) has partnered with St. Luke’s Health Partners to establish a new value-based care agreement effective January 1, 2021. This initiative aims to enhance care for Humana’s Medicare Advantage HMO members by emphasizing personalized healthcare and improved health outcomes. Key features include more time with healthcare professionals, proactive health screenings, and a focus on managing chronic conditions. Currently, Humana has over 4.5 million Medicare Advantage members and collaborates with 67,000 primary care physicians in value-based relationships.
CarePlus Health Plans and Orlando Family Physicians have formed a partnership to enhance primary care offerings for Medicare Advantage members in Central Florida. Effective November 1, 2020, this collaboration allows members to access Orlando Family Physicians' network, which includes 18 medical centers and over 61 healthcare professionals. This announcement coincides with Medicare's Annual Enrollment Period, running from October 15 to December 7. CarePlus aims to provide more options and quality care to its members, reinforcing its commitment to improve healthcare access.
CarePlus Health Plans has partnered with Orlando Family Physicians to enhance healthcare options for Medicare Advantage members in Central Florida, effective Nov. 1, 2020. This agreement expands access to Orlando Family Physicians' 18 medical centers and over 61 healthcare professionals during the Medicare Annual Enrollment Period, running from Oct. 15 to Dec. 7. CarePlus, recognized as Florida's largest Medicare Advantage plan with a 5-star rating for 2021, aims to improve member health through this collaboration, aligning with their mission of quality care.
The Humana-Mays Healthcare Analytics 2020 Case Competition concluded with Alexander Kondziolka and Jonathon Thierer from The Wharton School winning the $40,000 first-place prize. Over 700 master's students from 70+ universities participated, competing for a total of $70,000 in prizes. The competition focused on addressing social determinants of healthcare, particularly transportation challenges affecting Medicare members. Humana's Chief Digital Health and Analytics Officer highlighted the importance of analytics in identifying high-risk members during COVID-19.
Humana is expanding its Medicare Advantage offerings in Benton, Walla Walla, and Franklin counties during the 2021 Annual Election Period (AEP) from October 15 to December 7, 2020. New options include the Humana Gold Plus HMO plan effective January 1, 2021, complementing existing plans. Members will access various healthcare providers, including Kadlec Regional Medical Center and Providence Health System. The plans provide affordable alternatives to Original Medicare, featuring benefits like low premiums, co-payments, and worldwide emergency coverage.
CarePlus Health Plans, a subsidiary of Humana, is enhancing access to preventive healthcare by mailing in-home screening kits to eligible Medicare Advantage members in Florida. The kits focus on colorectal cancer screening and diabetes management, allowing members to complete tests at home and mail them back. This initiative aims to improve health outcomes, particularly during the COVID-19 pandemic, with additional support measures such as flu shot encouragement and waived out-of-pocket costs for behavioral health services.
Humana Inc. (NYSE: HUM) is launching Medicare Advantage health plans for the first time in Massachusetts, particularly in Worcester and Bristol counties. During the Medicare Advantage and Prescription Drug Plan Annual Election Period (Oct. 15 - Dec. 7), residents can select from four PPO plans for 2021. Key features include low premiums, minimal co-payments, and coverage for annual screenings. The Humana Honor plan, which has a $0 premium and is recommended by USAA, complements VA health coverage and offers dental coverage. Humana brings over 30 years of Medicare experience with nearly 8.4 million members nationwide.
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