Humana Awarded New Contract to Continue Serving Medicaid Managed Care Residents in Home State of Kentucky
May 29 2020 - 6:25PM
Business Wire
Louisville-based company selected to provide holistic health
coverage to Kentucky Medicaid recipients across the
Commonwealth
Humana Inc. (NYSE: HUM) has been selected by the Kentucky
Cabinet for Health and Family Services (CHFS) to continue serving
children and adults across the health company’s home state of
Kentucky through the Department for Medicaid Services.
Humana currently provides coordinated medical, wellness, and
pharmacy benefits coverage and services to 150,000 Kentucky
Medicaid recipients. The new contract supports the company
continuing its longstanding community presence, strong provider
partnerships, and unique commitment to population health.
“The decision by the Commonwealth of Kentucky means a great deal
to all of us at Humana. As a company with deep roots in the
Commonwealth and a team of 12,000 employees in Kentucky, our
commitment to serve our members and improve health across Kentucky
is unyielding,” said Jeb Duke, Humana’s Kentucky-based Medicaid
leader. “We were born in the Bluegrass nearly 60 years ago, and
we’ve been fortunate through the years to be able to help our
families, friends and neighbors live healthier lives. We commend
the state for moving forward with enhancements to Medicaid that
will better support people receiving coverage through the
program.”
Under the terms of Kentucky CHFS’s agreement, the renewed
Medicaid program will begin enrolling eligible Kentuckians in
January 2021. The statewide program will provide health care to
approximately 1.26 million Medicaid enrollees. The statewide
contract term is set to last through 2024, with the potential for
an additional six (6) two-year contract extensions.
Humana is adding new, special services and programs tailored to
meet the needs of individuals and families covered by Medicaid as
well as their communities. These commitments include population
health programs (building upon our existing Bold Goal); digital and
telehealth capabilities to help people better navigate their health
care; and stronger value-based care relationships with local
providers. The health company anticipates its Kentucky-based team
will continue to grow to support these services. In 2019, Humana
added 500 positions around the state including more than 100 new
clinical roles.
“Our decades-long commitment to the health of communities across
Kentucky has only deepened over time,” said Jeb. “People know they
can rely on Humana for human-centered care.”
“From our service to Medicaid beneficiaries in Kentucky, to
people with Medicare here, military members with TRICARE benefits,
and employers with Humana coverage, we’re excited about all of the
ways we are able to positively impact the health of this state,”
said Humana Medicaid President John Barger. “Especially at a time
when the coronavirus pandemic is disproportionally impacting people
with Medicaid, it will be our honor to continue serving our members
here at home. We take this responsibility very seriously.”
As a component of Humana’s nationwide response to the
coronavirus, we have invested heavily in Kentucky organizations to
support the Commonwealth’s response and recovery:
- The Humana Foundation, the philanthropic arm of Humana, just
this week announced new awards totaling $2.2 million for regional
nonprofits as part of its ongoing Community Partners Program,
including CASA of the River Region, New Directions Housing
Corporation, and Seven Counties Services.
- In addition, The Foundation gave more than $2 million to the
Louisville Urban League to support the financial and employment
development needs of 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.
- The Humana Foundation also donated $550,000 to collaborative
partnerships across the Commonwealth, including the Bluegrass
Community Foundation, Community Foundation of Louisville, Community
Foundation of Western Kentucky, Oldham County Community Foundation,
and Tri-State Community Foundation, to help reduce the virus’s
spread and treat those affected by it.
- Humana provided special one-time grants totaling $65,000 to
community organizations, such as ElderServe (to offer fresh meals
to local seniors in need); Americana World Community Center (to
help refugee, immigrant and underserved populations have food for
entire families); and Chef Edward Lee’s Restaurant Workers Relief
Program (to provide meals and a week of essentials to restaurant
workers).
- Across Kentucky, three regional food banks – Dare to Care in
Louisville; Feeding America Kentucky's Heartland in Elizabethtown;
and God's Pantry Food Bank, Inc. in Lexington – received additional
Humana funding between $20,000 and $45,000 to support the food
security of rural areas of the Commonwealth.
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/20200529005653/en/
Kate Marx Humana Corporate Communications (502) 271-9288
kmarx1@humana.com
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