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 value-based program portfolio with the launch of the Primary Care First (PCF) model, set to begin on July 1, 2021. This initiative aims to provide coordinated primary care for members of certain Medicare Advantage plans across the contiguous U.S. and Washington, D.C. The model, developed by the CMS Innovation Center, includes prospective capitated payments for primary care providers based on quality metrics. Humana currently supports over 2.7 million Medicare Advantage and commercial members through value-based relationships.
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.
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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.