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Humana Enhances 2005 Medicare Advantage Private Fee for Service
Benefits in Georgia
Humana Gold Choice PFFS plan is cost effective alternative to Medicare
supplement, features prescription drug benefits and zero premium
ATLANTA, Jan. 20 /PRNewswire/ -- Medicare eligible beneficiaries in Georgia
who enroll in the Humana Gold Choice Private Fee for Service (PFFS) health plan
now have even better benefits for 2005, the company announced today. Seniors
who enroll in the Humana Gold Choice PFFS will have the freedom to see any
provider, statewide, without a referral, who accepts Medicare payments and
Humana's terms.
With monthly premiums ranging from $0 to $49, Humana Gold Choice provides an
affordable alternative to most Medicare supplement plans.
The Humana Gold Choice PFFS plan is the only Medicare Advantage plan offered
statewide to feature prescription drug benefits (including a $10 allowance
towards each brand drug prescription with an unlimited monthly allowance
benefit), an annual out-of-pocket maximum, and worldwide emergency and urgent
care coverage.
"Our plan has been designed specifically for the Medicare beneficiary who is on
a fixed income and wants an alternative to the high monthly premiums associated
with a Medicare supplement, or prefers to choose a provider without network
restrictions found in HMOs," said Craig Stewart, PFFS Director, Georgia Humana
MarketPOINT -- a subsidiary of Humana Inc. that offers a variety of senior
benefit products. "It features a $12 generic drug co-pay and $5 office visit
co-pay to see a primary care physician and offers emergency and urgent care
worldwide. Humana's experience in serving this segment of the market enables
us to offer benefits choices to seniors that are very competitive," Stewart
added.
The Humana Gold Choice PFFS plan was first introduced into Georgia last
September. For more information about enrolling in a Humana Gold Choice PFFS
plan, call toll-free 1-800-201-5779.
About Humana Medicare Advantage and the Humana Gold Choice PFFS
Humana Medicare Advantage (formerly known as Medicare+Choice) is available to
all Medicare-eligible individuals who are over 65 years old or qualified by
disability. This type of health plan is an alternative to original Medicare
and is a direct result of the Balanced Budget Act of 1997 and the Medicare
Modernization Act of 2003 passed by Congress. Unlike original Medicare, Humana
Medicare Advantage plans include a prescription drug benefit, limits on
out-of-pocket expenses, and worldwide coverage for emergency care and urgently
needed care.
Humana offers Medicare Advantage HMO, PPO, and PFFS plans in 15 states. The
Humana Gold Choice PFFS is open to all Medicare eligible beneficiaries, and
differs from a traditional HMO in that members have the freedom to select any
doctor, hospital, or health care provider of choice without the restrictions of
a network or referral as long as the provider accepts Medicare assignment and
Humana terms and conditions. More than 368,000 individuals are currently
enrolled in a Humana Medicare Advantage plan.
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's
largest publicly traded health benefits companies, with approximately 7 million
medical members located primarily in 15 states and Puerto Rico. Humana offers a
diversified portfolio of health insurance products and related services --
through traditional and consumer-choice plans -- to employer groups,
government-sponsored plans, and individuals.
Over its 44-year history, Humana has consistently seized opportunities to meet
changing customer needs. Today, the company is a leader in consumer engagement,
providing guidance that leads to lower costs and a better health plan
experience throughout its diversified customer portfolio.
More information regarding Humana is available to investors via the Investor
Relations page of the company's web site at http://www.humana.com/ , including
copies of:
* Annual report to stockholders;
* Securities and Exchange Commission filings;
* Most recent investor conference presentation;
* Quarterly earnings press releases (including detailed description of
unusual items, where applicable);
* Audio archive of most recent earnings release conference call;
* Calendar of events (includes upcoming earnings conference call dates,
times, and access number, as well as planned interaction with
institutional investors);
* Corporate Governance Information.
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DATASOURCE: Humana Inc.
CONTACT: Mitchell Lubitz of Humana Corporate Communications,
+1-813-287-6180, or cell, +1-813-732-0386, or
Web site: http://www.humana.com/
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