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. (NYSE: HUM) is a U.S. healthcare company in the direct health and medical insurance carriers industry, with operations spanning insurance services and CenterWell health care services. News about Humana often centers on its Medicare Advantage and Medicaid activities, partnerships that expand care models, and initiatives that address social determinants of health and health equity.
Recent announcements highlight Humana’s focus on Medicare Advantage, including earnings guidance updates and investor communications disclosed through Form 8-K filings, as well as program-specific developments such as Humana USAA Honor Giveback plans that are designed with veterans’ needs in mind. These co-branded Medicare Advantage plans feature benefits like $0 copays for in-network primary care and in-network mental health services, Part B givebacks and coverage for dental, vision and hearing, while remaining available to any eligible Medicare beneficiary in the covered areas.
Humana news also reflects its emphasis on value-based care and integrated support for complex conditions. The company has announced a partnership with Atlas Oncology Partners to offer a coordinated oncology care model for eligible Humana Medicare Advantage members in Tennessee and Mississippi, bringing together interdisciplinary care teams, care coordination, psychosocial support and advanced supportive care. In parallel, CenterWell Senior Primary Care and Conviva Senior Primary Care have partnered with Thyme Care to provide continuous, oncology-focused support to eligible patients across several states.
Beyond insurance and clinical partnerships, Humana-related coverage includes updates from the Humana Foundation on research into loneliness among underserved boys and food insecurity among seniors, as well as community impact awards through Humana Healthy Horizons in Oklahoma to organizations addressing food, housing and employment needs. Visitors to this page can explore earnings-related updates, ratings actions from agencies such as AM Best, leadership transitions, philanthropic reports and community initiatives that illustrate how Humana combines insurance, care delivery and community investment.
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 Oct. 15 to Dec. 7, 2021, with coverage starting Jan. 1, 2022. The plan features a $0 premium, low copays for various services, and special support for COVID patients. Additionally, it includes benefits for veterans and is designed to integrate care effectively.
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.
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.
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.
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.
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.
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.