Humana Health Insurance
Based in Louisville, Kentucky, Humana is one of the largest
health insurance providers. Humana health insurance has over 13 million
customers in the US. In 2013, it has a revenue of $41.3 billion. It is also
part of the Fortune 500 list. Landed on the 56th spot, it became the
highest-ranked company from Kentucky. It is also the third-largest health
insurance provider in the US.
of the Company
The company started as a nursing home in 1961. Established
by David A. Jones and Wendell Cherry, Humana was first known as Extendicare,
Inc. At that time, it was considered the largest nursing home in the United
States. But the company sold the nursing home to acquire hospitals in 1972. It was only in 1974 that Extendicare, Inc. became Humana,
Inc. The purpose of changing the name was to give people a perception that it
offers an excellent level of human care.
Health Insurance Plans
It is one of the well-established insurers in the US. The
health plans that it offers are useful to individuals who are 55 years old or
over. When shopping for health plans, you will find that Humana’s health plans
are some of the most affordable options you can find. This insurer is a large company that offers a wide array of
services. It also provides excellent home healthcare options for the elderly.
These options are also vital for patients who suffer from a chronic illness
that cannot live alone. They are also designed for individuals who cannot
receive treatment outside their house.
The company offers the same regular features as those top
healthcare insurance providers offer. But it adds some features that make them
a special provider. This insurance provider also offers Guidance Centers where
people can use them for seminars and certain activities. But no matter how wide
its services are, it still does not provide a short-term plan.
Health Plans Cost
When comparing Humana’s plans from others, you will find
that the prices are lower than average. It also offers a wide array of policy
options for each quote. You can also compare the plans easily through its
online tools. Its website incorporates various tools that enable you to compare
policies and analyze your options. When comparing policies, make sure that you choose over
three insurance providers. From there, you can study the options and request
quotes to discover plans that can meet your individual needs.
The company also provides four major health plans. It also
offers dental and vision plans. For its health plans, the most popular ones are
the Health Maintenance Organization (HMO) plans and Preferred Provider
Organization (PPO) policies. Between PPO and HMO, the latter is cheaper. It allows you
to lower your healthcare costs. But you need to stick within your plan’s
network to achieve it. If you go out of your network’s plan to receive
treatment, then the treatment will not be covered by your plan, unless it is an
emergency. In that case, you must use the plan’s network of healthcare
professionals and hospitals.
For flexibility, the better option is PPO. The reason for
this is that if you get treated from a healthcare facility that is outside your
plan’s network, then the treatment may still be covered partially. But the PPO
plan is ideal if you travel frequently. It is also a better option if you live
in a rural area where you cannot easily find an in-network provider.
Another option to take is the Private Fee for Service
(PFFS). It is a type of plan that allows you to use any healthcare provider
that you wish. However, it is the most expensive compared to PPO and HMO. The
reason for this is that it offers you the most flexibility than PPO and HMO.
If you are a Medicare recipient, you can purchase supplemental plans from Humana. Or get info on health insurance plans now. Its preferred prescription drug policy, for example, will lower your overall cost for your medicines. However, you need to purchase your medicines at any Walmart pharmacies.
Humana does not only focus on health plans but it also
provides dental plans. Its premiums and services are industry average. However,
the waiting time for the procedures is better than others. And if you need vision insurance, Humana offers a wide
range of products for families as well.
The company also offers several resources that only members
can access. My Humana, for example, is an online portal that lets you track
your prescription drugs 24/7. You can also call its customer support via its
dedicated customer phone line. Plus, it lets you download forms that you need
to file a claim or apply for a plan.
You can find coverage in all 50 states. As mentioned earlier,
it has an online portal that you can access 24/7, either through a mobile app
or website. If you need any forms to fill out, you can do so by going to such a
portal. You can download and print the forms. Then, you can view the status of
your claims or coverage. It also includes a live chat, where you can communicate
with a customer support representative. Plus, it has an online support
community where you can participate in any discussion or ask questions.
Humana also offers plans that cover expenses related to
transitioning from a hospital stay to obtaining home care. This type of plan is
important if you have a chronic condition that will affect your ability to live
alone. The company also offers Humana Well Dine, which delivers
healthy meals to members who are recuperating from a medical procedure.
Humana is an accredited Better Business Bureau company. It
has gained an A+ rating and has received several awards. However, the most
important one is the Dorland Health Award for health plan members who are over
55. The company also introduces enhanced web features regularly
to ensure that its customers will have a great experience while using the
website. Its web chat feature allows customers to chat with a registered
Overall, Humana health insurance is a highly recommended
company. It offers low premiums, breadth of services, preferred providers and
low deductibles. These are just some of the many great things that the company