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) is expanding its Medicare Advantage offerings in New Jersey, adding plans in Ocean, Passaic, and Cape May counties. This expansion increases its reach to approximately 95% of the state. During the Medicare Advantage and Prescription Drug Plan Annual Election Period from October 15 to December 7, 2021, beneficiaries can select from a variety of affordable plans. Key features include $0 copay for COVID-related services, low premiums, and added benefits like SilverSneakers and Go365 wellness programs.
Humana Healthy Horizons in Kentucky announced a $207,000 investment to enhance internet infrastructure in Lyon County, aiding approximately 180 residents. This initiative responds to the county's low broadband availability, ranked 40th in the nation. The investment will fund fiber optic connections, create access points, establish a telehealth hub, and provide educational resources. Humana's regional president emphasized the importance of improving access to telehealth services, aiming for better health outcomes and technological equity in the area.
Humana Inc. (NYSE: HUM) is expanding its health plan options for Medicare beneficiaries in Connecticut. New offerings include affordable Medicare Advantage plans and a Humana Honor plan designed to complement Veterans Affairs (VA) benefits. The Humana Honor plan, a $0 premium PPO, offers coverage for non-VA services and includes dental and vision care. Additionally, a new Dual Eligible Special Needs plan provides a $50 Healthy Foods Card and a $75 OTC allowance to combat food insecurity. Enrollment for these plans begins during the Annual Election Period from Oct. 15 to Dec. 7, 2021.
On Oct. 13, 2021, Cohere Health announced a nationwide expansion of its digital authorization platform for musculoskeletal services in partnership with Humana Inc. (HUM). Following a successful initial rollout in 12 states, the platform now processes 95% of MSK authorization requests, reducing approval times to a median of 0 minutes in 89% of cases. The expansion aims to enhance provider satisfaction and care delivery while improving efficiency. Cohere's platform integrates AI and clinical policies to streamline authorization, fostering a collaborative care approach across Humana's network.
Humana has announced a substantial expansion of its Medicare Advantage (MA) offerings in Tennessee for the 2022 plan year, introducing a new statewide Dual Eligible Special Needs Medicare Advantage (D-SNP) plan and a $0 premium PPO plan in 38 counties. The new D-SNP includes a $75 monthly Healthy Foods Card. Additionally, the Humana Honor plan is enhanced with increased benefits. COVID-19 coverage is also included in all MA plans, offering $0 copay for testing and home-delivered meals for members with a COVID diagnosis.
Humana Inc. subsidiary CarePlus Health Plans has earned a 5-star quality rating for its Medicare Advantage HMO plan in Florida for the fifth time, with this being the fourth consecutive year of achieving this rating from Centers for Medicare & Medicaid Services (CMS). The company has doubled its member base to approximately 200,000 members over six years, showcasing a strong commitment to healthcare quality and customer service. The recognition reflects CarePlus's focus on delivering excellent services during the pandemic, supported by a dedicated team of healthcare professionals.
Humana Inc (NYSE: HUM) announces its statewide HMO Medicare Advantage plan in Tennessee has received a 5-star rating from the Centers for Medicare & Medicaid Services (CMS), recognizing its commitment to high-quality care and member service. This plan, available in all of Tennessee's 95 counties, has previously achieved a 5-star rating in 2019. The rating reflects Humana's focus on member engagement and successful partnerships with physicians, enhancing care continuity during the COVID-19 pandemic. The Medicare Advantage Annual Election Period runs from Oct. 15 to Dec. 7, 2021.
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.