For the third year in a row, Humana’s Medicare Advantage program has leveraged the proven impact of its value-based reimbursement model to achieve better health, improved health care quality, and lower costs.
For the calendar year 2015 results, Humana compared quality metrics and outcomes for approximately 1.2 million Medicare Advantage members who were affiliated with providers in value-based reimbursement model agreements to 170,000 members who were affiliated with providers under standard Medicare Advantage settings. Unlike value-based reimbursement model agreements, standard Medicare Advantage settings don’t have additional incentives for providers who meet quality or cost targets.
“Our integrated approach to partnering with providers enables us to improve the health care experience for consumers in multiple ways,” said Bruce D. Broussard, Humana’s President and Chief Executive Officer. “We’re able to offer more affordable health plans, help people improve their health through comprehensive, holistic engagement with them, and also drive higher physician satisfaction.”