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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Humana Inc | NYSE:HUM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
10.03 | 2.61% | 394.2377 | 401.11 | 391.02 | 395.15 | 470,717 | 15:42:13 |
In addition to bringing Medicare Advantage to 31 rural counties, the Humana Honor Medicare Advantage plan will be offered statewide, increasing the company’s commitment to veterans
As part of Humana Inc.’s (NYSE: HUM) major Tennessee expansion in 2021, the leading health and well-being company announced today it is introducing a new Medicare Advantage Health Maintenance Organization (HMO) plan in rural communities located in 31 counties in the Knoxville, Memphis, Nashville areas. The company also said it will offer its Humana Honor plan in every county in Tennessee. While the Humana Honor plan is an option for all people eligible for Medicare, it may be helpful coverage for military veterans seeking to complement their Veterans Affairs (VA) benefits.
These Medicare Advantage plan options will be available during this year’s Medicare Advantage and Prescription Drug Plan Annual Election Period – or AEP - which runs from Oct. 15 through Dec. 7, 2020, for plan coverage taking effect Jan. 1, 2021.
“In previous years, people eligible for Medicare living in rural communities have had limited options,” said Doug Haaland, Humana Medicare President for Tennessee and Alabama. “We’re thrilled to bring this affordable and robust Medicare Advantage plan option to people in these counties and to increase our commitment to the health and well-being of Tennesseans.”
The Humana Medicare Advantage HMO plan being offered in these counties provides people with Medicare an affordable alternative to original Medicare only, or original Medicare paired with a Medicare Supplement plan. The plan offers a $0 premium, no or low copays for doctor’s visits, a quarterly $150 over-the-counter allowance, as well as hearing, dental, vision, and prescription drug coverage.
The Humana Honor plan, now offered statewide in 2021, is a $0 premium Medicare Advantage HMO option. While the Humana Honor plan is an option for all people eligible for Medicare, it can complement VA health care coverage by covering health care services at non-VA (civilian) facilities and including robust dental coverage. Because some veterans may prefer prescription drug coverage through their VA benefits, the Humana Honor Plan does not include prescription drug coverage.
Humana Medicare Advantage plans, including the Humana Honor plan, are recommended by USAA, a company known for its customer satisfaction and commitment to the financial security of current and former members of the U.S. military and their families.
Most Humana Medicare Advantage plans also include:
The 31 rural counties where Humana is introducing its Humana Medicare Advantage HMO plan include: Benton, Carroll, Chester, Clay, Crockett, Decatur, Dyer, Fentress, Gibson, Hardin, Henderson, Houston, Humphreys, Jackson, Lake, Lawrence, Lewis, Lincoln, Macon, McNairy, Moore, Obion, Overton, Perry, Pickett, Smith, Stewart, Trousdale, Van Buren, Wayne and Weakley.
For more information about enrolling in Humana plans, Tennessee residents can visit www.Humana.com/Medicare or speak with one of Humana’s licensed sales agents by calling 1-800-213-5286 (TTY: 711) from 8 a.m. to 8 p.m. local time, seven days a week.
About Humana
Humana Inc. (NYSE: HUM) is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.
To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.
More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:
Additional Information: Humana is a Medicare Advantage HMO organization with a Medicare contract. Enrollment in any Humana plan depends on contract renewal.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201014005095/en/
Nancy A. Hanewinckel Humana Corporate Communications nhanewinckel1@humana.com
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