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Humana Introduces New ‘Health Plan Guide’ to Help Small Businesses Make Informed Health-Benefits Decisions

Guide summarizes how employees use benefits; offers cost-saving tips

Category:

Monday, November 24, 2008 9:30 am EST

Dateline:

LOUISVILLE, Ky.

Public Company Information:

NYSE:
HUM
US4448591028

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) today introduced a unique educational tool – the Humana Health Plan Guide – for its small-business customers with 5 to 99 employees. The new guide, which Humana customers will receive twice a year, provides a synopsis of how employees use various health benefits. In addition, based on the employees’ healthcare utilization, the report offers guidance on how businesses can help control rising healthcare costs.

The Humana Health Plan Guide features detailed information, such as: percentage of deductibles met; prescription-drug usage; preventive-care office visits; in-network vs. out-of-network services usage; and primary care vs. specialist care utilization. Employers can use this information along with cost-saving tips from Humana to educate and engage their employees on how they use their health benefits.

“An employer who sees that their employees are using a disproportionate amount of out-of-network services, for example, can educate employees about in-network services and the cost benefits of using in-network doctors and hospitals,” said Mark Wernicke, vice president of Humana Small Business. “It is this kind of highly customized, actionable information that Humana will provide through the Health Plan Guide; we’re confident it will encourage cost-saving behaviors such as higher usage of preventive services and generic prescription drugs.”

The Guide also provides information about Humana’s resources, such as the Humana Health Assessment tool and HumanaFirst® Nurse Advice Line, which can help employees maintain health and possibly reduce healthcare expenses.

“Businesses all over are struggling with the high cost of health care, and the impact of these costs on their ability to provide health benefits for their employees,” Wernicke said. “So employers need every advantage they can get when determining the health benefits they will offer to employees. The Humana Health Plan Guide will provide a sound ‘information foundation’ to make better educated decisions.”

To view a sample of the Humana Health Plan Guide, click here: http://www.humana.com/employers/tools/ … and scroll to the bottom of the screen.

About Humana

Humana Inc., headquartered in Louisville, Kentucky, is one of the nation’s largest publicly traded health and supplemental benefits companies, with approximately 11.7 million medical members. Humana is a full-service benefits solutions company, offering a wide array of health and supplementary benefit plans for employer groups, government programs and individuals.

Over its 47-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at http://www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases
  • Replays of most recent earnings release conference calls
  • Calendar of events (includes upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
  • Corporate Governance Information

Contact:

Humana Inc.
Corporate Communications:
Jim Turner, 502-476-2119
jturner2@humana.com