Humana Approved by CMS to Offer Medicare Prescription Drug Coverage to People With Medicare in 2006
23 Setembro 2005 - 2:26PM
PR Newswire (US)
Humana will offer the Medicare Part D prescription drug plan to
beneficiaries residing in 46 states and the District of Columbia
beginning January 1, 2006 LOUISVILLE, Ky., Sept. 23
/PRNewswire-FirstCall/ -- Humana Inc. (NYSE: HUM) announced today
that it has received approval from The Centers for Medicare &
Medicaid Services (CMS) to offer the Medicare Part D prescription
drug plan (PDP) to the more than 42 million Medicare eligible
beneficiaries residing in 46 states and the District of Columbia,
representing all of the states in which Humana applied. Humana had
previously announced that it was successful in bidding below each
regional benchmark for all of its Prescription Drug Plan bids
submitted to CMS. Starting Jan. 1, 2006, new Medicare prescription
drug coverage will be available to everyone with Medicare. The
Medicare Part D Benefit is designed to lower prescription drug
costs and help protect against higher costs in the future.
Enrollment, which is voluntary, occurs from Nov. 15, 2005, through
May 15, 2006. "This award represents an unprecedented opportunity
for Humana to provide people with Medicare a broad selection of
prescription drug coverage that meets their individual needs," said
Stefen Brueckner, Humana's vice president for senior products. "The
Medicare Part D prescription drug plan will provide access to
affordable pharmaceutical care to Medicare beneficiaries. It is
especially significant to the more than 12 million Medicare
beneficiaries living in areas of the nation where access to
affordable health care insurance may not have been available until
now," he added. Humana will offer Medicare prescription drug
coverage through its Medicare Advantage HMO, PPO and private
fee-for-service (PFFS) health plans, and as a stand-alone
prescription drug plan (PDP) to those enrolled in Original
Medicare. As a result of the CMS award, Humana will now offer up to
five Medicare products in many states. Humana currently offers
Medicare Advantage HMO and PPO plans in more than 40 markets
nationwide, and Medicare Advantage private fee-for-service plans
(PFFS) in more than thirty states. About Humana Humana Inc.,
headquartered in Louisville, Ky., is one of the nation's largest
publicly traded health benefits companies, with approximately 7
million medical members. Humana offers a diversified portfolio of
health insurance products and related services -- through
traditional and consumer- choice plans -- to employer groups,
government-sponsored plans, and individuals. Over its 44-year
history, Humana has consistently seized opportunities to meet
changing customer needs. Today, the company is a leader in consumer
engagement, providing guidance that leads to lower costs and a
better health plan experience throughout its diversified customer
portfolio. More information regarding Humana is available to
investors via the Investor Relations page of the company's web site
at http://www.humana.com/, including copies of: - Annual report to
stockholders; - Securities and Exchange Commission filings; - Most
recent investor conference presentation; - Quarterly earnings press
releases; - Audio archive of most recent earnings release
conference call; - Calendar of events (includes upcoming earnings
conference call dates, times, and access number, as well as planned
interaction with institutional investors); - Corporate Governance
Information.
http://www.newscom.com/cgi-bin/prnh/20030425/HUMANALOGO
http://photoarchive.ap.org/ DATASOURCE: Humana Inc. CONTACT:
Barbara Kerr, Corporate Communications of Humana Inc.,
+1-305-626-5736, or Web site: http://www.humana.com/ Company News
On-Call: http://www.prnewswire.com/comp/423125.html
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