Humana Awarded New Contract to Continue Serving Medicaid Managed Care Residents in Home State of Kentucky
Humana currently provides coordinated medical, wellness, and pharmacy benefits coverage and services to 150,000 Kentucky Medicaid recipients. The new contract supports the company continuing its longstanding community presence, strong provider partnerships, and unique commitment to population health.
“The decision by the
Under the terms of Kentucky CHFS’s agreement, the renewed Medicaid program will begin enrolling eligible Kentuckians in
Humana is adding new, special services and programs tailored to meet the needs of individuals and families covered by Medicaid as well as their communities. These commitments include population health programs (building upon our existing Bold Goal); digital and telehealth capabilities to help people better navigate their health care; and stronger value-based care relationships with local providers. The health company anticipates its
“Our decades-long commitment to the health of communities across
“From our service to Medicaid beneficiaries in
As a component of Humana’s nationwide response to the coronavirus, we have invested heavily in
The Humana Foundation, the philanthropic arm of Humana, just this week announced new awards totaling $2.2 millionfor regional nonprofits as part of its ongoing Community Partners Program, including CASA of the River Region, New Directions Housing Corporation, and Seven Counties Services.
- In addition, The Foundation gave more than
$2 millionto the Louisville Urban League tosupport the financial and employment development needs of low-wage essential workers, including home health and personal care aides and those working in public transportation, grocery store operations, manufacturing plants and homeless shelters. The Humana Foundationalso donated $550,000to collaborative partnerships across the Commonwealth, including the Bluegrass Community Foundation, Community Foundation of Louisville, Community Foundation of Western Kentucky, Oldham County Community Foundation, and Tri-State Community Foundation, to help reduce the virus’s spread and treat those affected by it.
- Humana provided special one-time grants totaling
$65,000to community organizations, such as ElderServe (to offer fresh meals to local seniors in need); Americana World Community Center(to help refugee, immigrant and underserved populations have food for entire families); and Chef Edward Lee’s Restaurant Workers Relief Program (to provide meals and a week of essentials to restaurant workers).
Kentucky, three regional food banks – Dare to Care in Louisville; Feeding America Kentucky's Heartland in Elizabethtown; and God's Pantry Food Bank, Inc. in Lexington– received additional Humana funding between $20,000and $45,000to support the food security of rural areas of the Commonwealth.
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 Commissionfilings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information