Humana Selected by Louisiana Health Department to Serve Medicaid Beneficiaries
15 February 2022 - 8:30AM
Business Wire
Kentucky-based company will help people across
the Bayou State achieve their best health
Leading health insurer and health care services company Humana
Inc. (NYSE: HUM) has been notified by the Louisiana Department of
Health (LDH) that the LDH intends to award a contract to Humana to
deliver health care coverage to Medicaid beneficiaries across the
state. Humana’s Medicaid division — Humana Healthy Horizons —
expects to begin administering the coverage in Louisiana later this
year, pending the state’s completion of its standard protest
period.
Humana will serve adults and children across Louisiana with the
goal of helping them improve their health and well-being through a
whole-person, value-based approach that goes beyond traditional
clinical care.
“We are deeply committed to increasing access to care and
improving health outcomes of Louisianans who have faced numerous
public health crises, natural disasters, and other challenges over
the course of the pandemic,” said Humana Medicaid President John
Barger. “It is an honor and privilege to be chosen by The Louisiana
Department of Health to serve people across Louisiana. We will
provide those covered by Medicaid holistic care that prioritizes
both their physical and mental well-being. And we are excited to
bring our data-enabled population health model along with Humana’s
rich history of innovation to the Louisiana Medicaid program.”
Humana is one of five health plans selected as part of a
statewide Medicaid managed care procurement issued last year. The
state contract will offer an initial three-year term of service and
take effect later this year, with the option of renewal terms
thereafter. The statewide program – administered by the five plans
– will provide health care to approximately 1.6 Million Medicaid
enrollees.
“This selection reinforces Humana’s decades-long commitment to
not only delivering quality health care to Louisianans but also to
playing a vital role in improving the health of the communities we
serve,” said Tony Mollica, Humana Medicaid Regional President. “We
take pride in the work we do here in Louisiana. Our team
thoughtfully designed a health strategy – rooted in Humana’s unique
approach to population health – to meet the specific urgent and
long-term needs of Louisianans, which has been a rewarding
experience. I’ve witnessed first-hand how Humana forms invaluable
and lasting partnerships with local residents, health care
providers and community organizations.”
Humana currently serves a total of approximately 450,000
Louisianans through Humana Medicare Advantage plans, Medicare
prescription drug plans, commercial group health plans, and the
TRICARE military health care program as administered by Humana.
Humana’s participation in Louisiana’s new Medicaid program –
pending the state’s completion of its protest period – will allow
the company to bring its services to more Louisianans across the
state.
Humana is working to address social determinants of health in
the state — like lack of transportation and food insecurity —
through its Bold Goal program. The Bold Goal is Humana’s population
health strategy to improve the health of the communities it serves.
New Orleans and Baton Rouge are among Humana’s official Bold Goal
communities.
In addition, during the pandemic, Humana partnered with local
organizations, like Healthy BR and Makin Groceries Mobile, who are
facing unprecedented demand from Louisianans in need of critical
services. The Humana Foundation, which is the philanthropic arm of
Humana, donated $200,000 to the recovery and relocation efforts for
those impacted by Hurricane Ida in Louisiana.
About Humana Healthy Horizons
In 2020, Humana launched its new Medicaid brand, Humana Healthy
Horizons™. With this new brand, we are committed to continue
demonstrating our strong ability to manage complex populations and
create solutions that lead to a better quality of life for our
members. Nationally, we serve Medicaid enrollees through Medicaid
Managed Care (MMC), Managed Long Term Services and Supports (MLTSS)
programs, Centers for Medicare and Medicaid Services (CMS)
Financial Alignment Initiative Dual Demonstrations, MA, D-SNPs, and
PDPs.
Humana has served Medicaid populations continuously for more
than two decades and currently manages Medicaid benefits for more
than 930,000 members nationally. We have developed expertise
providing care management, care planning, and specialized clinical
management for the complex needs of Temporary Assistance for Needy
Families (TANF); Children’s Health Insurance Program (CHIP);
Medicaid Expansion; aged, blind, or disabled (ABD); and dual
eligible populations within a social supports‐based framework.
Through these years of experience, we have also developed
significant expertise in integrating physical health, behavioral
health, pharmacy, and social services and supports for a
whole-person centered approach to improve the health and well‐being
of our members and the communities we serve.
Humana Healthy Horizons is a Medicaid Product of Humana Health
Plan, Inc.
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
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220214005840/en/
Jim Turner Humana Corporate Communications jturner2@humana.com
502.608.2897
Humana (NYSE:HUM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Humana (NYSE:HUM)
Historical Stock Chart
From Aug 2023 to Aug 2024