Humana Announces Major Expansion of Florida Dental Network, Benefits
October 17 2022 - 11:15AM
Business Wire
In addition to doubling the number of dentists
available to its Medicare Advantage members, Humana is introducing
extra financial help for those eligible for both Medicare and
Medicaid
Florida's largest Medicare Advantage plan by membership Humana
Inc. (NYSE: HUM) announced that it is both enhancing its 2023
dental benefits and significantly increasing the number of dentists
available to its Florida Medicare Advantage members. In addition,
the health and well-being company’s 2023 Medicare Advantage plans
for Floridians eligible for both Medicare and Medicaid will feature
new benefits including extra financial assistance to help pay for
living expenses.
“We’re thrilled to announce a significant investment in our
dental benefits and network,” said Caraline Coats, Humana’s South
Florida Medicare President. “In our 30-plus years of serving
Medicare members in Florida, we’ve learned a lot about what is
important to our members, and dental care is a top priority and, of
course, important to one’s overall health.”
New for 2023
Beginning Jan. 1, Floridians enrolled in a 2023 Humana HMO or
PPO Medicare Advantage plan will have access to the Florida
GoldPlus Dental Network, which includes 8,100 dentists across the
state, as well as a nationwide network, meaning they can seek
in-network care in and outside of Florida.
Coats said the company is also expanding coverage for dental
procedures and offering more flexible ways to pay for them,
including:
- Expanded dental benefits, higher allowances: The
majority of 2023 plans include benefits that cover some major
services, including periodontal scaling, and annual allowances have
been increased, up to $6,000, depending on the plan.
- New Flexible Allowance on the Humana Spending Account
card: Eligible members can use up to the allowance provided for
out-of-pocket dental, vision or hearing expenses, letting them
choose the expenses they want to cover with their allowance.
More Help for Floridians Eligible for Both Medicare and
Medicaid
- Healthy Options Allowance provides eligible members on
plans that cover all levels of Medicaid with a monthly allowance of
$150, $175 or $275 to spend on select groceries, gas, utilities,
rent, personal care, pet care and more, depending on their greatest
healthcare needs.
- Dental Allowance, up to $6,000 (depending on the plan),
is included on all Humana Medicare Advantage D-SNP plans for people
who have both Medicare and Medicaid.
Floridians can enroll in a Humana Medicare Advantage plan during
this year’s Medicare Advantage and Prescription Drug Plan Annual
Election Period, which runs from Oct. 15 through Dec. 7, with
coverage taking effect Jan. 1. For more information about enrolling
in Humana plans can visit www.Humana.com/Medicare or speak with one
of Humana’s licensed sales agents by calling 1-888-373-2614 (TTY:
711) 8 a.m. to 8 p.m. local time, seven days a week.
About Medicare Advantage
Medicare Advantage delivers financial savings to members in the
form of lower out-of-pocket costs and reduced premiums. Medicare
Advantage members reported spending nearly $2,000 less on
out-of-pocket costs, compared to fee-for-service Medicare. Medicare
Advantage plans also have limits on out-of-pocket costs. These
financial protections may be critical for older Americans on fixed
incomes.
Unlike fee-for-service Medicare, Medicare Advantage plans often
include affordable prescription drug coverage. For Humana members,
100 percent of the savings achieved through manufacturer rebates
and discounts in pharmacy programs are returned to members through
lower premiums and improved benefits.
Medicare Advantage plan members had more than a 30 percent lower
level of emergency room visits, and 40 percent lower level of
inpatient hospital care, compared to beneficiaries with
fee-for-service Medicare. In addition to improving health, these
outcomes demonstrate real savings for people with Medicare and the
health system. Medicare Advantage plans reinvest these savings by
expanding supplemental benefits, supporting providers and
coordinating care.
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:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information
Additional Information:
Humana is a Medicare Advantage HMO and PPO organization with a
Medicare contract. Enrollment in any Humana plan depends on
contract renewal.
Allowance amounts cannot be combined with other benefit
allowances. Limitations and restrictions may apply.
Y0040_GCHLTCJEN_M
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221017005144/en/
Nancy A. Hanewinckel Humana Corporate Communications
941.585.4763 nhanewinckel1@humana.com
Humana (NYSE:HUM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Humana (NYSE:HUM)
Historical Stock Chart
From Aug 2023 to Aug 2024