Humana will move out of commercial plans over the next 18 to 24 months and focus more on government-funded programs and specialty businesses. Included in the business Humana is leaving are all fully insured, self-funded, and Federal Employees Health Benefits medical plans. The company announced the move after a strategic review that determined the Employer Group Commercial Medical Products business was no longer in a position to “sustainable meet the needs of commercial members over the long term,” according to a press release . 1 “This decision enables Humana to focus resources on our greatest opportunities for growth and where we can deliver industry leading value for our members and customers,” Bruce D. Broussard, Humana’s president and CEO, said in a statement. “It is in line with the company’s strategy to focus our health plan offerings primarily on government-funded programs (Medicare, Medicaid and Military) and specialty businesses, while advancing our leadership position in integrated value-based care and expanding our CenterWell health care services capabilities.” In late 2022, Humana announced that it was expanding CenterWell, which offers payer-agnostic, senior-focused primary care services. The plan to expand CenterWell includes adding new centers in Indiana, Kentucky, Louisiana, Mississippi, Nevada, North Carolina, South […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
