Humana Foundation Commits $50M to Coronavirus Relief and Recovery Efforts
April 30 2020 - 5:00AM
Business Wire
Partnerships with community organizations will
focus on immediate and long-term relief to help those
disproportionately impacted by the COVID-19 health crisis
The Humana Foundation, philanthropic arm of Humana Inc. (NYSE:
HUM), today announced it will deploy $50 million in immediate
short-term and long-term relief and partner with national and
community service organizations to help those disproportionately
impacted by the COVID-19 health crisis. The commitment, the largest
in the Foundation’s 38-year history, will be split between
organizations that support essential workers, food security,
behavioral health and community-based organizations (CBO).
The Humana Foundation will distribute $34 million of the $50
million commitment to the immediate short-term response efforts of
service organizations on the frontlines of the COVID-19 health
crisis. These service organizations and response efforts include
support for:
- Essential workers: Funds will go toward free and
charitable health care clinics led by volunteer family physicians,
as well as personal protective equipment (PPE) and other necessary
equipment and services for those working on the front lines,
including care providers, clinicians and nurses. Funding will also
support the financial and employment development needs of other 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. Partners
include the American Nurses Foundation, Center for Disaster
Philanthropy, Louisville Urban League, National Domestic Workers
Alliance and One Fair Wage.
- Food security: Regional food banks, delivery services
and pantries across the country are experiencing increased demand
for basic food needs. Funds will help to sustain food bank
operations and expand food resources to families nationwide.
Increasing access to nutritious food lays a stronger foundation for
healthy communities. Partners include Feeding America, Meals on
Wheels and Share Our Strength.
- Behavioral health: Due to the uncertainty surrounding
the novel coronavirus, experts are predicting people may feel
increased levels of loneliness, anxiety, depression and substance
abuse. Financial support in this area will help behavioral health
organizations sustain their work helping young children and
families manage mental hardships during this trying time and into
the future. Support will also fund a national initiative to expand
use of digital health technology to older Americans. Partners
include Older Adults Technology Services and Volunteers of
America.
- CBOs: Community-based organizations are facing a greater
strain, both financially and operationally, as their local
communities deal with new challenges. Funds will provide financial
assistance to nonprofit organizations in partnership with community
foundations in Humana’s Bold Goal communities.
The Humana Foundation will distribute $16 million of the $50
million commitment to long-term recovery and rebuilding support for
service organizations helping battle COVID-19. These partnerships
will focus on food security needs, holistic behavioral health
services and supporting CBOs in their efforts to address
intentionally social determinants of health needs in local
communities across the country. Partnerships include March of Dimes
and Federally Qualified Health Centers.
“As the COVID-19 health crisis continues throughout our country,
it is exposing daily challenges for Americans, and many are
struggling,” said Bruce D. Broussard, Chairman of the Board of The
Humana Foundation. “With this funding, we will help individuals and
communities address immediate needs related to health care, food
and employment. And, long term, these resources will serve as a
catalyst in building capabilities and community resiliency, and
ultimately sustainable, long-term success.”
To find out more about this donation, along with other ways in
which The Humana Foundation is working to improve and sustain
positive health outcomes, go to www.humanafoundation.org.
About The Humana
Foundation
The Humana Foundation was established in 1981 as the
philanthropic arm of Humana Inc., one of the nation’s leading
health and well-being companies. Located in Louisville, Ky., the
Foundation seeks to co-create communities where leadership,
culture, and systems work to improve and sustain positive health
outcomes. For more information, visit humanafoundation.org.
Humana and the Humana Foundation are dedicated to Corporate
Social Responsibility. Our goal is to ensure that every business
decision we make reflects our commitment to improving the health
and well-being of our members, our employees, the communities we
serve, and our planet.
About Humana
Humana Inc. is committed to helping our millions of medical and
specialty members achieve their best health. Our successful history
in care delivery and health plan administration is helping us
create a new kind of integrated care with the power to improve
health and well-being and lower costs. Our efforts are leading to a
better quality of life for people with Medicare, families,
individuals, military service personnel, and communities at
large.
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 Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information
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version on businesswire.com: https://www.businesswire.com/news/home/20200430005237/en/
Mark Mathis Humana Corporate Communications (312) 441-5010
mmathis@humana.com
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