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 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.
Envision Healthcare and Humana Inc. (NYSE: HUM) have signed a multiyear agreement to provide Humana’s Florida members with in-network access to over 6,000 Envision clinicians. This agreement enhances their long-standing partnership and aims to improve healthcare access for commercial, Medicare, and Medicaid members. Jim Rechtin, CEO of Envision, emphasized the commitment to delivering affordable, high-quality care, while Betty Assapimonwait from Humana highlighted the importance of building a robust network for better health outcomes.
Humana Inc. (NYSE: HUM) is actively supporting Ohio communities during the COVID-19 pandemic with over $1.6 million in financial grants for relief and recovery initiatives. Key contributions include more than $1 million from the Humana Foundation to local nonprofits and approximately $400,000 to community organizations through regional relief funds. Additionally, over 20,000 meal kits have been delivered to Humana health plan members, addressing food insecurity. This multi-faceted initiative aims to meet urgent community needs such as food, shelter, and medical care.
Humana Inc. (NYSE: HUM) announced that CFO Brian A. Kane will present at the Wolfe Research Healthcare Conference on November 19, 2020, at 7:50 a.m. ET. Investors can access a live audio webcast of the presentation via Humana’s Investor Relations page on humana.com. The company encourages participants to log in 15 minutes early for a system check. Humana focuses on integrated care delivery, supporting their members through various healthcare services and resources aimed at improving health outcomes and cost efficiency.
Cano Health and Humana are launching seven new health centers in San Antonio and Las Vegas for Medicare and Humana Medicare Advantage populations. In San Antonio, four new centers will be located at 7031 Marbach Road, 100 South Zarzamora Street, 6623 South Zarzamora Street, and 2925 West Avenue. The three new centers in Las Vegas are at 2031 East Lake Mead Blvd, 4463 West Charleston Blvd, and 3265 B East Tropicana Avenue. These centers aim to provide value-based, personalized care for seniors, emphasizing comprehensive and proactive health management.
Humana Inc. (NYSE: HUM) has entered into agreements with Prime Healthcare to provide in-network access for most Humana Medicare Advantage and commercial plan members at two hospitals in Kansas. The agreements enhance access for various Humana members, including those in Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) plans. This includes Providence Medical Center and Saint John Hospital. Terms of the agreement were not disclosed. This collaboration aims to improve patient care and health outcomes in the greater Kansas City area.
Humana Inc. (NYSE: HUM) and Northwell Health have entered a five-year agreement to enhance health care services in the New York metropolitan area. This partnership leverages Northwell's clinical expertise and Humana's Medicare Advantage leadership to introduce new healthcare products. Starting January 1, 2021, the agreement will offer a new Northwell retiree product and expand existing clinical initiatives, including Northwell’s House Calls program. This collaboration aims to improve healthcare delivery for vulnerable populations while reducing emergency room visits and healthcare costs.
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