Humana’s Impact Report Focuses on Transforming Care and Positive Health Outcomes for All
April 05 2023 - 9:00AM
Business Wire
Humana’s 2022 Impact Report highlights its
commitment to making healthcare more equitable and accessible for
each person, each community, the healthcare system, and the
environment
Humana Inc. (NYSE: HUM), one of the nation’s leading health and
well-being companies, released its 2022 Impact Report, which
highlights the company’s continued commitment to its Environmental,
Social and Governance (ESG) strategy.
“At Humana, transformation toward positive health outcomes for
every person we serve is something we’re passionate about,” said
Bruce Broussard, Humana’s President and Chief Executive Officer.
“Caring for people and making healthcare affordable, accessible and
easier to navigate is at the center of all we do. We are proudly
committed to transparently sharing our strategy and progress
through our annual Impact Report.”
The report includes Humana’s comprehensive ESG disclosures,
which are mapped to established standard frameworks related to five
metrics categories: Access to Healthcare; Data Privacy &
Protection; Environmental Impact; Product Quality & Safety; and
Talent & Diversity. Within each category, qualitative and
quantitative metrics track, measure and report our performance in
achieving strategic business goals, supporting sustainable
practices and improving health outcomes. The report focuses on
Humana’s efforts to make quality care more equitable and accessible
for employees, members and patients, communities, the healthcare
system and the environment. Some of Humana’s 2022 impact highlights
include:
- Expanding access to healthcare: Humana integrated CenterWell™
home health, pharmacy and primary care services throughout 2021 and
2022, which has allowed the company to lower care costs and
increase the value of care. Humana members who use CenterWell
Senior Primary Care™ and CenterWell Pharmacy™ experience 26% fewer
avoidable hospitalizations, and because these services are
payer-agnostic, the impact of this transformative care reaches
beyond Humana members.
- Supporting basic needs: Humana expanded on an initiative that
began during the pandemic to screen and address members and
patients for unmet medical and social needs as one component of
removing barriers to best health. In 2022, 1.24 million individuals
were screened for social health needs, over 710,000 members used
the Healthy Foods Card to buy groceries and more than 173,000
referrals were made to social service programs via Humana Community
Navigator.
- Creating supportive workspaces that nurture diversity, equity
and inclusion: In 2022 the Office of Diversity, Equity &
Inclusion launched an enterprise-wide commitment to increase
cultural competence and awareness for leaders and employees. Over
94% of Humana’s executive leaders have completed cultural
competency professional development. Additionally, the company’s
Executive Officer short-term incentive compensation plan includes
an ESG measure linked to performance related to DEI efforts.
- Surpassing environmental goals and setting a science-based
target: In 2017, Humana set goals for the reduction of greenhouse
gas emissions by 10.5 percent and waste diversion of 60 percent.
Humana surpassed these goals with a 35 percent reduction of
greenhouse gas emissions and a 64 percent waste diversion rate.
Humana is now setting a next-generation goal to address climate
change aligned with the criteria established by the Science Based
Targets initiative (SBTi). The company has developed a target that
includes Scopes 1, 2 and 3 and the proposal has been presented to
SBTi for official validation.
- Investing in healthy communities: In 2022, over 20,000 Humana
employees volunteered more than 255,000 hours in our communities.
Additionally, the Humana Foundation, the philanthropic arm of
Humana Inc. invested over $22.5 million in communities, including
$7.5 million to launch the Health Equity Innovation Fund, which
will scale innovative solutions to disparities in mental health and
nutrition.
Humana is committed to making healthcare more equitable and
accessible and will continue to provide transparency in all future
reporting around continued Environmental, Social and Governance
practices, processes, and metrics that connect to the business
strategy. Future annual impact reports and the Humana website will
feature updates.
To learn more about Humana’s impact and continuing work to make
it easier for people to achieve their best health, read the full
2022 Impact Report.
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 healthcare
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
healthcare 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/20230405005004/en/
Leslie Clements Humana Corporate Communications (502) 641-3179
lclements@humana.com
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