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Share Name | Share Symbol | Market | Type |
---|---|---|---|
UnitedHealth Group Inc | NYSE:UNH | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.52 | -0.11% | 492.45 | 492.785 | 485.78 | 491.96 | 2,487,813 | 01:00:00 |
UnitedHealthcare® today introduced its 2021 Medicare Advantage and prescription drug plans, showcasing affordable coverage, exclusive benefits, expanded plan access and a simplified member experience that connects people to quality care – when and where they need it.
“It is more important than ever during times like these to provide stability and peace of mind for people when it comes to their care and coverage,” said Tim Noel, CEO of UnitedHealthcare Medicare & Retirement. “We have listened intently to our members, and to deliver on the stable, comprehensive coverage they expect and deserve, we are committed to delivering Medicare plans with more: more $0 and low-premium plans and $0 copays; more benefits and access to care – all adding up to more value for the people we serve.”
Currently, more than 6.5 million peopleii are enrolled in UnitedHealthcare Medicare Advantage plans. In 2021, the company will expand its service area to reach nearly 3.2 million additional people in nearly 300 counties – the company’s largest footprint expansion in five years.i
Highlights of UnitedHealthcare’s 2021 Medicare Advantage plans include:
More Access to Care from Anywhere to Bring Peace of Mind
“The COVID-19 pandemic is a watershed moment that is profoundly altering the health care landscape. At-home health care went from being a convenient care option to, at times, the only option for many people,” said Noel. “And while COVID-19 changed so much for so many of us, it did not change UnitedHealthcare’s unwavering commitment to helping people access the care they need, whether in a clinical setting or at home.”
Offerings that help enable more access to care include:
Simple, Affordable Products
“In listening to the people we serve, we know the key is affordable, predictable coverage that is easy to use and understand,” said Steve Warner, senior vice president of Medicare Advantage, UnitedHealthcare Medicare & Retirement. “We purposefully design our products to meet consumers’ expectations around affordability and simplicity.”
Plans and product features that will help deliver cost savings and a simpler consumer experience in 2021 include:
Distinctive Offerings
“The breadth of UnitedHealth Group allows us to develop unique products with benefits that add real value to people’s lives – and their pocketbooks,” said Warner. “Our portfolio of plans offers something for everyone – from people seeking everyday wellness support to those ready to ramp up their fitness routines to those managing chronic conditions – and everyone in between.”
Extra benefits and features that help improve physical and financial well-being include:
More Plan Options to Meet Diverse Needs
The only company to offer Medicare plans with the AARP name, UnitedHealthcare serves nearly one in five people in the Medicare program through its portfolio of plansvi.
This includes approximately 4.5 million through its Medicare Supplement plans. In 2021, people with eligible UnitedHealthcare Medicare Supplement plans across 35 states will have access to a variety of value-added programs and features offered at no additional cost, including a nationwide dental discount program with no waiting periods or annual limits, a hearing aid discount program; 24/7 nurse line; Renew Active by UnitedHealthcare, which offers access to an extensive network of participating gyms and fitness locationsvii as well as access to AARP Staying Sharp® online brain health program; and an AARP Smart DriverTM course – an online or in-person driving refresher course that may allow for reduced insurance premiums.
UnitedHealthcare also serves approximately 4.1 million people through its stand-alone Part D prescription drug plans, including the AARP® MedicareRx Walgreens (PDP) plan, which offers $0 tier 1 copays at more than 9,200 Walgreens and Duane Reade locations.
People can make changes to their Medicare coverage during Medicare Annual Enrollment, which runs from Oct. 15 to Dec. 7.
For more information on UnitedHealthcare’s Medicare plans, visit UHCMedicareHealthPlans.com.
About UnitedHealthcare
UnitedHealthcare is dedicated to helping people live healthier lives and making the health system work better for everyone by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers. In the United States, UnitedHealthcare offers the full spectrum of health benefit programs for individuals, employers, and Medicare and Medicaid beneficiaries, and contracts directly with more than 1.3 million physicians and care professionals, and 6,500 hospitals and other care facilities nationwide. The company also provides health benefits and delivers care to people through owned and operated health care facilities in South America. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified health care company. For more information, visit UnitedHealthcare at www.uhc.com or follow @UHC on Twitter.
Plans are insured through UnitedHealthcare Insurance Company or one of its affiliated companies. For Medicare Advantage and Prescription Drug Plans: A Medicare Advantage organization with a Medicare contract and a Medicare-approved Part D sponsor. Enrollment in these plans depends on the plan’s contract renewal with Medicare.
For Dual Special Needs Plans: A Medicare Advantage organization with a Medicare contract and a contract with the State Medicaid Program.
$0 co-pay is applicable only during the initial coverage stage and may not apply during the coverage gap; it does not apply during the catastrophic stage.
UnitedHealthcare Insurance Company pays royalty fees to AARP for the use of its intellectual property. These fees are used for the general purposes of AARP. You do not need to be an AARP member to enroll in a Medicare Advantage or Prescription Drug Plan. AARP and its affiliates are not insurers. AARP encourages you to consider your needs when selecting products and does not make specific product recommendations for individuals. United contracts directly with Walgreens for this plan; AARP and its affiliates are not parties to that contractual relationship.
UnitedHealthcare Insurance Company contracts directly with Walgreens for this plan; AARP and its affiliates are not parties to that contractual relationship.
Other Pharmacies are available in our network, but you may not receive preferred retail pharmacy pricing. Copays apply after deductible.
AARP MedicareRx Preferred (PDP) and AARP MedicareRx Saver Plus (PDP)’s pharmacy network includes limited lower-cost pharmacies in rural AK, MT, NE, ND, SD and WY. There are an extremely limited number of preferred cost share pharmacies in suburban MT. AARP MedicareRx Walgreens (PDP)’s pharmacy network offers limited access to pharmacies with preferred cost sharing in urban ND; suburban HI, ND, PA and rural AK, AR, HI, IA, ID, KS, MN, MT, NE, OK, OR, PA, SD, and WY. There are an extremely limited number of preferred cost share pharmacies in suburban MT and rural ND. The lower costs advertised in our plan materials for these pharmacies may not be available at the pharmacy you use. For up-to-date information about our network pharmacies, including whether there are any lower-cost preferred pharmacies in your area, please call us or consult the online pharmacy directory using the contact information that appears on the booklet cover.
For 2021, this plan participates in the Part D Senior Savings Model which offers lower, stable, and predictable out-of-pocket costs for covered insulin through the different Part D benefit coverage stages. You will pay a maximum of $35 for a 1-month supply of covered insulin during the deductible, initial coverage and coverage gap or “donut hole” stages of your benefit. You will pay 5% of the cost of your covered insulin in the catastrophic stage. Your cost may be less if you receive Extra Help from Medicare.
Participation in the Renew Active™ program is voluntary. Consult your doctor prior to beginning an exercise program or making changes to your lifestyle or health care routine. Renew Active includes standard fitness membership. Equipment, classes, personalized fitness plans, caregiver access and events may vary by location. Certain services, classes and events are provided by Affiliates of UnitedHealthcare Insurance Company or other third parties not affiliated with UnitedHealthcare. Participation in AARP® Staying Sharp® and the Fitbit® Community for Renew Active is subject to your acceptance of their respective terms and policies. AARP Staying Sharp is the registered trademark of AARP. AARP Smart Driver is the trademark of AARP. UnitedHealthcare is not responsible for the services or information provided by third parties. The information provided through these services is for informational purposes only and is not a substitute for the advice of a doctor. The Renew Active program varies by plan/area. Access to gym and fitness location network may vary by location and plan. Renew Active premium gym and fitness location network only available with certain plans.
Renew Active by UnitedHealthcare is not available in all plans.
HouseCalls may not be available in all areas.
iRefers to UnitedHealthcare’s standard Medicare Advantage plans (i.e., non-special needs plans).
iiCMS enrollment data, August 2020. Enrollment across all plans.
iiiNetwork size varies by market
ivNew Renew Active states for 2021 – Arkansas, Delaware, Georgia, Louisiana, Massachusetts, Maryland, Michigan, Mississippi, Pennsylvania, South Carolina and West Virginia.
vBased on gym and fitness location network size.
viCMS enrollment data, August 2020.
viiThese are additional insured member services apart from the Medicare Supplement Plan benefits, are not insurance programs, are subject to geographical availability and may be discontinued at any time. Availability of fitness program may vary by area. Fitness program network only includes participating facilities and locations. None of these services should be used for emergency or urgent care needs. In an emergency, call 911 or go to the nearest emergency room. Note that certain services are provided by Affiliates of UnitedHealthcare Insurance Company or other third parties not affiliated with UnitedHealthcare.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20201001005190/en/
Jessica Kostner UnitedHealthcare jessica_kostner@uhc.com 952-931-4951
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