and vision care. Looking ahead to 2025, Humana plans to expand its Medicare Advantage offerings to cover 48 states, along with Washington, D.C., and Puerto Rico. This expansion will allow the company to serve 89% of U.S. counties, ensuring broader access to healthcare benefits. ...
Giveback benefits: About 6 in 10 Humana plans offer a Part B Giveback benefit, which means the plan covers some portion of your Medicare Part B premium. Cons Star ratings decline: Only 39% of Humana plans are rated 4 stars or higher for 2025, compared to 63% for 2024. Unhappy members...
The updated Humana Honor plan will offer two different Medicare Advantage plan options. Members will have access to improved benefits including $100 to $300 of over-the-counter allowances each quarter, $50 to $75 Part B premium reductions, and more dental benefits. Additionally, all Medica...
The number of Humana’s Medicare Advantage plans rated 4-star or higher are expected to significantly decline in 2025. Humana has filed a lawsuit seeking to set aside and vacate the 2025 Star Ratings of its Medicare Advantage plans, but there is no assurance that the company will prevail in...
the upside was partly offset by rising benefits expenses and a continued decline in the company's group commercial medical and standalone prescription drug plan (PDP) membership. Nevertheless, a hiked 2024 guidance for individual Medicare Advantage membership growth seems commendable as Humana derives ...
Experts discuss current trends in Medicare Advantage during the current annual enrollment period, best practices for communication, and gain clarity about the benefits and costs for both providers and beneficiaries. Read More Optimizing the Payer/Provider Relationship for a Successful Annual Enrollment Peri...
The payer has been engaged in multiple value-based contracting models in the past few months. In 2020, Humanaannouncedthat it would be participating in the CMS Primary Care First model. In February 2021, the payerlauncheda Medicare Advantage value-based care model to promote hospice ca...
It has a contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program; and contracts with various states to provide Medicaid, dual eligible, and long-term support services benefits. In addition, the company provides ...
To help Medicare members better track, manage, and save money on their prescription claims and benefits coverage, Humana Inc. has developed and launched SmartSummary Rx, an in-depth, monthly prescription benefit summary that is tailored specifically to individual Medicare members. As a companion to...
Humana Inc. is a leading health insurance service provider in the United States. The company, through its Retail division, provides medicare benefits and state-based medicaid contracts, which are marketed on a retail basis to individuals. The Group and Specialty business offers employer group commerc...