Healthcare

Members of Humana’s management team, as well as some of the company’s operational leaders, are in New York City for the company’s biennial Investor Day.

The event, which takes place at the New York Stock Exchange, will showcase the company’s strategic direction, operational and financial progress, as well as expectations for future performance through presentations given by many of the company’s leaders. Many of Humana’s largest institutional shareholders, as well as Wall Street analysts who cover the company, will attend.

The company last hosted a similar event in April 2017.

CEO Bruce Broussard kicked off the day with opening remarks and an overview of the company’s strategy. The meeting will be available via a video webcast on Humana’s Investor Relations page. Just sign in after clicking the webcast link after scrolling down to the Humana Investor Day entry in the Events section.

If you can’t watch today, a video replay will appear on the Investor Relations page Wednesday, March 20.

To help celebrate Investor Day, members of Humana’s management team rang the closing bell at the New York Stock Exchange on Monday, March 18.

Read Full Article

Accolade and Humana have announced that the two companies will integrate their capabilities to create a differentiated healthcare and benefits experience for consumers. The companies will bring employers and their health plan members the benefit of Humana’s provider networks and innovative medical, dental, pharmacy, Employee Assistance Program (EAP), Work-life Services, and Go365 wellness reward program capabilities together with Accolade’s robust member engagement services and integrated health and benefits partner programs.

With a mission to dramatically improve consumer engagement, experience,outcomes and costs in healthcare, Humana with Accolade leverages an open and intelligent platform and a personalized advocacy solution to create a whole person, whole population health offering for its self-funded employer clients, their employees and families.

Using an innovative and open approach to healthcare, Humana will integrate a rich array of data on Accolade’s platform. The Accolade platform leverages advanced machine learning intelligence that produces highly personalized and targeted services across an entire member population, with the goal of reducing complexity and waste. With dedicated Health Assistants and Clinicians, mobile and online messaging,a fully integrated benefits center, member activation campaigns and intelligent insights, Accolade has shown up to a 30-percent lift in program utilization, along with achieving measurable member satisfaction and cost savings.

Read the full news release here.

Read Full Article

Humana is announcing Humana Access®, a spending account product that offers employers hassle-free administration, and effective ways for employees to manage rising health care costs. In addition, employees will receive improved ease-of-use, increased convenience and more online features.

Humana, through its partner Alegeus, created a budget-friendly spending account product suite that will enable employers of all sizes to deliver a more competitive benefits package to their employees. Account holders will benefit from tax-savings while having one convenient debit card and digital tools to manage and pay for their health care and dependent care expenses. Members will feel more in control of their money with real-time balances and transaction history all in one place. Employers can benefit too, when accounts are funded with pre-tax money.

“Humana Access offers employers an easy administration process and supports employees with an easier way to plan for health care costs, and pay for their out-of-pocket expenses,” said Mark Matzke, Humana’s Senior Vice President, Employer Group and Specialty Segment. “Simplifying spending account administration for employers and creating an empowered health care experience for members, ultimately enhances awareness of health care finances, and makes Humana an active partner in managing costs.”

Humana Access is available for benefits plans beginning January 1, 2019 or later.

Other benefits of Humana Access include:

• New member education tools and resources including videos and calculators to improve employee understanding of spending accounts
• Simple, intuitive self-service account access via member website, similar to an online banking experience
• Single debit card for all spending accounts elected by the member, including Health Savings Account, Health Reimbursement Arrangement, Health care Flexible Spending Account and Dependent Care Flexible Spending Account

For more information, visit Spending Accounts on humana.com.

 

Read Full Article

Dr. Roy Beveridge, Humana’s chief medical officer, writes in Managed Healthcare Executive that “value-based care is proving its worth to both physicians and patients alike through improved care, greater reimbursement levels, and lower cost—delivering on the promise of the right care at the right time at the right cost.”

He notes that physicians in value-based arrangements can expect lower healthcare costs, more shared savings, and a higher percent of the overall healthcare dollar compared to the national average.

Read the full article here, and learn more from Humana’s latest Value-Based Care Report here.

Read Full Article

Today’s Woman magazine has nominated Humana’s former Chief Corporate Affairs Officer, Heidi Margulis, for its Most Admired Woman award in the Corporate category. According to Publisher Cathy Zion, “The award recognizes women in (the Louisville area) who have excelled in their careers and community service making them role models to many.”

Nominations appear in the March issue of Today’s Woman and voting will take place online at TodaysWomanNow.com through noon on March 22. Voting is available to anyone with an email address, but only one vote per email address per day. Winners will be honored at a June 25 event and featured in the June issue of Today’s Woman.

After 33 years with Humana, Heidi recently announced her intention to step down from her role, though she is staying on with the company into 2020 as an advisor to the Humana Foundation. A member of Heidi’s team, Doug Stoss, was named the interim leader of Corporate Affairs.

Read Full Article