Humana Announces Monthly Stipend to Reduce Costs for Dental Providers During Pandemic
June 15 2020 - 9:30AM
Business Wire
Humana to support the purchase of Personal
Protective Equipment (PPE) and provide 24/7 Access to EAP and
Work-Life Services
Today, Humana Inc. (NYSE: HUM) announced new actions it is
taking to support participating dental providers – to help them
afford the increased costs of doing business during the coronavirus
(COVID-19) pandemic. As of June 1 and as more and more dental
practices reopen, Humana will pay an additional $7 per Humana
member dental claim – for all fully insured Humana dental
members.*
“Humana understands how the pandemic has impacted so many of the
dental practices we work with, and it’s important to us to support
them as so many are in the midst of reopening their practices,”
said Chris Hunter, President, Humana’s Group & Military
Segment. “Our goal with the new actions we are taking is to help
ensure that our dental provider partners can afford the Personal
Protective Equipment they need to safely treat their patients – our
Humana members.”
At the end of each month, Humana will send a stipend to its
dental provider partners, based on the total number of claims for
Humana members that month. In addition to this financial support,
Humana is also offering 24/7 access to its EAP and Work-Life
Services to providers in its dental networks. These actions are a
part of the company’s wide-ranging proactive approach to supporting
a better health care experience for its members, especially during
this unprecedented health crisis.
“As our dental providers focus on delivering the best care
possible in a safe environment, we want them to know that Humana
supports them,” Hunter said. “In many cases, these practices are
small businesses, not unlike the tens of thousands of
small-business customers who have Humana health coverage. The
pandemic has adversely impacted so many small businesses, and these
actions we’re announcing today represent the latest steps our
company is taking to support the people we serve, and those who
serve our members.”
At this time, the additional funding will be available from June
through September 2020 for all fully insured Humana dental members.
Providers interested in connecting with Humana’s EAP and Work-Life
Services can call the free, confidential Humana Community Response
Line at 888-673-1154.
*excludes ASO, Network Access, and Discount plans
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
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200615005189/en/
Marvin Hill Humana Corporate Communications (502) 580-3950
mhill1@humana.com
Humana (NYSE:HUM)
Historical Stock Chart
From Mar 2024 to Apr 2024
Humana (NYSE:HUM)
Historical Stock Chart
From Apr 2023 to Apr 2024