Serving more than 5.6 million Medicare members nationwide, Humana is offering a broad range of plan options during the Annual Election Period (AEP) which began on Oct. 15 and runs through Dec. 7, 2013
LOUISVILLE, Ky.--(BUSINESS WIRE)--Oct. 30, 2013-- The 2014 Medicare Annual Election Period (AEP) has begun, and Humana Inc. (NYSE: HUM), one of the nation's leading health and well-being companies, is well prepared to help people eligible for Medicare select the coverage that is best for them.
Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDP) selected during the AEP will take effect Jan. 1, 2014. As in recent years, Medicare beneficiaries won't be able to switch plans for 2014 after the enrollment period ends on Dec. 7, 2013 (unless they qualify for a special enrollment period), according to Medicare program rules.
Medicare Advantage Plans
Humana's MA plans offer people a wide array of benefits and services while helping them get the most from their health care dollars. Plans include coverage for services such as preventive checkups, doctor visits and hospital stays. Humana's goal is to help people better manage and understand their health, and health coverage.
Many of Humana's MA plans also provide benefits such as:
- Preventive dental care
- Savings on over-the-counter medications
- Urgent Care coverage at a variety of medical clinics and some plans include additional savings when members use Humana-owned Concentra medical clinics.
“As one of the nation's largest and most experienced Medicare companies, we are committed to helping our members achieve lifelong well-being,” said Tom Liston, President of Humana's Retail Segment. “Humana Medicare members know from experience that they can trust us to provide what they need, when they need it, when it comes to their Medicare coverage.”
With prescription drug coverage, health and wellness offerings and chronic condition management programs available, Humana MA plans offer enrollees many choices, including local and regional PPO plans, HMO and private fee-for-service (PFFS) plans.
Humana MA plans also have annual out-of-pocket maximums in 2014, protecting beneficiaries against catastrophic costs.
Medicare Prescription Drug Plans (PDP)
Humana is offering a wide variety of options with its Medicare Prescription Drug Plans (PDP) that will help Medicare beneficiaries afford their prescription medications.
“Humana knows our Medicare members well, understands their prescription-drug needs well, and is proud of the outstanding service we provide,” said William Fleming, Pharm. D., President of Humana Pharmacy Solutions. “We're enabling seniors to better afford their medications and empowering them to live healthier lives.”
A full list of Humana's plan offerings can be found by clicking here.
Well-being Benefits for Members
Humana continues to support its Medicare members in their pursuit of better health and well-being. As part of this commitment, Humana MA members enjoy access to programs that encourage healthy behaviors.
All fitness and health club memberships for 2014 will be available through the SilverSneakers Fitness Program. SilverSneakers is one of the nation's leading exercise programs for older adults. More than 90 percent of Humana's MA HMO plans nationally will offer this benefit at no additional cost to MA members.
The Well Dine program, which delivers prescribed meals directly to members' homes following a hospital stay, will be available to many Humana MA members in 2014.
“Preventive care benefits are important to our members, especially the Baby Boomers now entering the Medicare program. They know Humana can help them live healthier and productive lives,” Liston said.
Most Humana MA members will also receive the Humana Active Outlook program, which includes Humana Active Outlook magazine, access to health and wellness classes, and interactive webinars.
Offerings Across U.S.
In 2014, Humana is offering its PDP in all 50 states, Washington D.C. and Puerto Rico. MA plans are available across much of the U.S. as well. Below is an overview of the various plan options Humana is offering for 2014:
- HMO plans in 36 states and Puerto Rico
- Local PPO plans in 41 states and Puerto Rico
- Regional PPO plans in 23 states
- Private Fee-For-Service (PFFS) plans in 35 states
For more information about Humana's 2014 Medicare offerings, visit www.humana-medicare.com or call toll free 1-800- 899-0441. (TTY: 711). Hours are 8 a.m. to 8 p.m., seven days a week.
Humana Inc., headquartered in Louisville, Ky., is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.
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:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases
- Replays of most recent earnings release conference calls
- Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
- Corporate Governance information
Humana is a Medicare Advantage organization and a stand-alone prescription drug plan with a Medicare contract. The benefit information provided is a brief summary, not a complete description of benefits. For more information, contact the plan. Limitations, copayments and restrictions may apply. Benefits, premium and/or co-payments/co-insurance may change on January 1 of each year. You must continue to pay your Part B premium.
Source: Humana Inc.
Mitch Lubitz, 813-732-0386