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 its Medicare Star Ratings, receiving a perfect 5-star rating for HMO plans in Louisiana, Tennessee, and Kentucky, encompassing around 356,000 members. Additionally, it achieved a 4.5-star rating for its Medicare Advantage plans in 46 states and Puerto Rico, servicing over 3 million members—almost double from the previous year. Notably, 96% of Humana's Medicare Advantage members are in plans rated 4 stars or above for 2023. The company emphasizes its commitment to high-quality care and customer satisfaction, reflecting well in these ratings.
Humana Inc. (NYSE: HUM) will announce its financial results for the third quarter of 2022 on November 2, 2022, at 6:30 a.m. Eastern time. A conference call to discuss the results and earnings guidance for 2022 will follow at 9:00 a.m. Eastern time. Participants can join via telephone after registering through a provided link. The earnings report will likely include non-GAAP financial measures, reconciled to GAAP metrics. The earnings news release will be available on Humana’s Investor Relations page.
Humana Inc. (NYSE: HUM) has announced its 2023 Medicare Advantage and Prescription Drug Plan offerings, emphasizing member feedback. The initiative follows a commitment to $1 billion in cost savings for program enhancements. Humana offers more $0 premium plans, expanded coverage in 260 new counties, and enhanced benefits like dental care and simplified prescription access. The company aims to improve affordability and accessibility for Medicare beneficiaries.
Humana Inc. (NYSE: HUM) has committed $1 million to aid recovery efforts for Hurricane Ian in Florida and Hurricane Fiona in Puerto Rico. The funding will support immediate relief, focusing on basic needs like food, water, and medical care. Additionally, Humana established a crisis hotline offering free counseling services. To further support employees, the Humana Foundation will match employee donations up to $500. These actions showcase Humana's commitment to community support and health equity in the wake of these devastating storms.
Humana Inc. (NYSE: HUM) has received high rankings in the 2022 Hispanic Association on Corporate Responsibility (HACR) Corporate Inclusion Index. The company scored 5 out of 5 stars in Employment, Procurement, and Philanthropy, and 4 out of 5 stars in Governance. This recognition reflects Humana's commitment to supporting Hispanic and Latinx inclusion in various corporate spheres. The insights gained will guide Humana's strategic initiatives in diversity and belonging, aiming to foster an inclusive workplace culture.
Humana Inc. (NYSE: HUM) announced a mid-term Adjusted EPS target of
Humana Inc. (NYSE: HUM) has elected Brad D. Smith, former Executive Chairman and CEO of Intuit, to its Board of Directors. Smith, currently the President of Marshall University, has a strong track record of transforming companies, including nearly doubling Intuit's revenue during his leadership. Humana's Chairman, Kurt J. Hilzinger, expressed confidence in Smith's ability to drive growth and operational efficiencies in Humana's Medicare Advantage business and enhance its healthcare services. With Smith's addition, Humana's Board now comprises 14 members.
Humana Inc. (NYSE: HUM) will host a virtual Investor Update on September 15, 2022, at 8:30 a.m. Eastern. The event will feature company leaders discussing Humana's strategic direction, operational and financial progress, and future performance expectations.
Participants can access the webcast through Humana’s Investor Relations page. For those unable to attend, a replay will be available approximately four hours after the event.
Humana aims to enhance health and lower costs through integrated care solutions for its members.
AM Best has affirmed Humana Inc.'s (NYSE: HUM) Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (ICR) of 'a-' (Excellent) for most of its health and dental insurance subsidiaries. The ratings reflect adequate balance sheet strength and operating performance, although recent challenges have outpaced net income. Humana remains the second-largest Medicare Advantage insurer in the U.S. and has expanded its Medicaid presence. The outlook for these ratings is stable, with financial leverage expected to decrease to approximately 40% by year-end 2022.
Humana Inc. has completed the rebranding of its home health division, Kindred at Home, to CenterWell Home Health, now operational in over 350 locations across 38 states. This initiative is integral to integrating home health services into Humana's broader business model, aiming to enhance patient outcomes.
With the rollout of the CenterWell brand, Humana focuses on unifying its healthcare services, including home health, primary care, and pharmacy, to provide a seamless care experience for its members, improving overall health and reducing costs.
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