Latest news with #HumanaHealthyHorizons
Yahoo
04-07-2025
- Business
- Yahoo
Humana Expands Medicaid Footprint With Virginia's Cardinal Care Win
Virginia's Medicaid program, Cardinal Care, has chosen Humana Inc. HUM as one of five insurers to administer services through its new Humana Healthy Horizons plan. All Virginia Cardinal Care members are now eligible to choose this as a new Medicaid plan option. Cardinal Care offers health coverage to low-income individuals, children, seniors, people with disabilities and pregnant women. Rather than paying healthcare providers directly, the program partners with private insurance companies known as Managed Care Organizations, which manage medical services, prescriptions and overall care coordination for members. Humana Healthy Horizons is poised to deliver comprehensive care to individuals and families across the state, focusing not only on physical and mental health but also on the social factors that often hinder better overall well-being. With existing service to Medicare Advantage and TRICARE members in the state, the expansion into Cardinal Care allows Humana to extend its human-centred approach to Medicaid recipients, aiming to offer innovative solutions, address complex needs, and improve both health outcomes and quality of life. This move opens a valuable opportunity for Humana's growth. By managing care for enrolled members, the company can increase memberships and receive regular payments from the state, offering a steady and scalable source of revenue. Through Humana Healthy Horizons, the company already serves 1.5 million Medicaid members in the country. Expanding into Virginia's Medicaid broadens Humana's reach beyond Medicare and TRICARE. In the year-to-date period, Humana's shares have lost 3.9% compared with a 24% decline across the broader industry. Due to rising healthcare costs, increased service utilization, and operational inefficiencies, Humana continues to face pressure on its profitability and long-term margins. Image Source: Zacks Investment Research HUM currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the medical space areCentene Corporation CNC,Cigna Group CI and Molina Healthcare Inc. MOH,each carrying a Zacks Rank #2(Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for Centene's current-year earnings is pegged at $7.28 per share, implying 1.5% year-over-year growth. CNC's earnings surpassed estimates in each of the last three of four quarters, the average surprise being 25.5%. The consensus estimate for Centene's current-year revenues is pegged at $179.5 billion, implying 10.1% year-over-year growth. The Zacks Consensus Estimate for Cigna's current-year earnings is pegged at $29.68 per share, implying 8.6% year-over-year growth. Cigna's earnings surpassed estimates in three of the last four quarters. It has witnessed eight upward revisions in the last 60 days against no movement in the opposite direction. The consensus estimate for Cigna's current-year revenues is pegged at $258.2 billion, implying 4.5% year-over-year growth. The Zacks Consensus Estimate for Molina's current-year earnings is pegged at $28.44 per share, implying 7.9% year-over-year growth. MOH's earnings surpassed estimates in three of the last four quarters. The estimate remained stable in the last 60 days. The consensus estimate for Molina's current-year revenues is pegged at $44.1 billion, implying 8.4% year-over-year growth. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-07-2025
- Health
- Business Wire
Humana Launches Medicaid Plan in Virginia
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Healthy Horizons is now a Medicaid plan option for Virginians covered by Virginia Cardinal Care. 'We will deliver comprehensive health care services to Virginia's most vulnerable residents, addressing not only physical and mental health needs, but also the health-related social needs that often prevent individuals from achieving their best health.' 'At Humana, we put our members' health first, and we are committed to improving the holistic well-being of the communities we serve. We have the privilege of serving Medicare Advantage and TRICARE members throughout Virginia, and we are honored to expand our human-centered care to Virginians covered by Cardinal Care,' said Humana Healthy Horizons President John Barger. 'By providing Medicaid coverage under Cardinal Care, we have the opportunity to deliver innovative solutions to meet complex needs, improve health outcomes and enhance quality of life.' Humana is one of five plan administrators Cardinal Care selected as part of a statewide Medicaid managed care procurement issued last year. All individuals currently covered by Virginia Cardinal Care are eligible to enroll in the newly launched Humana Healthy Horizons plan. 'We at Humana are privileged to serve the whole-person health needs of Medicaid enrollees across Virginia,' said Linda Hines, President of Humana Healthy Horizons in Virginia. 'We will deliver comprehensive health care services to Virginia's most vulnerable residents, addressing not only physical and mental health needs, but also the health-related social needs that often prevent individuals from achieving their best health.' Humana is proud to be a community partner in Virginia to address urgent and long-term health needs. Over the next five years, Humana will commit an additional $2 million to the Virginia Health Care Foundation (VHCF), following an initial $500,000 investment to expand and support the Commonwealth's behavioral health workforce. To learn more about how Humana is ensuring comprehensive care and resources for our Medicaid enrollees, please read our Impact Report. About Humana Healthy Horizons Humana manages Medicaid benefits for nearly 1.5 million members nationally under the Humana Healthy Horizons TM brand, which reflects our expertise in managing complex populations, our commitment to creating solutions that lead to a better quality of life for our members, and our efforts to deliver human care that makes the healthcare experience easier, more personalized and more caring. During more than two decades of serving people with Medicaid, Humana and Humana Healthy Horizons have developed a wide range of capabilities to serve children, parents, childless adults, and beneficiaries that are aged, blind or disabled. We integrate physical health, behavioral health, pharmacy, long-term care, and social services for a whole-person approach to improve the health and well-being of our members and the communities we serve. Humana Healthy Horizons is a Medicaid Product offered by affiliates of Humana Inc. About Humana Humana Inc. is committed to putting health first – for our teammates, our customers, and our company. Through our Humana insurance services, and our CenterWell health care services, we strive to make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare, Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Learn more about what we offer at and
