This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Humana Selected To Participate In Illinois Medicare-Medicaid Alignment Initiative Demonstration, Serving Individuals Dually Eligible For Both Programs

Stocks in this article: HUM

Humana Inc. (NYSE: HUM) announced today that the Illinois Department of Healthcare and Family Services has chosen the company to participate in Illinois’ demonstration project aimed at integrating health care for people who qualify for both Medicare and Medicaid (individuals often referred to as “dual eligibles”) as part of the Illinois Medicare-Medicaid Alignment Initiative (MMAI).

Under the new project, Humana will serve Illinois residents in the Greater Chicago area, consisting of Cook, Lake, Kane, DuPage, Will, and Kankakee counties. Approximately 118,000 dual-eligible residents reside in these counties. Humana is one of six plans selected to serve residents in the six-county region.

The MMAI is part of a Centers for Medicare and Medicaid Services (CMS) demonstration program, focused on integrating health care delivery and payment for dual eligibles. As one of the plans selected to serve residents in the Chicago area, Humana expects to provide the full spectrum of Medicare and Medicaid covered services to dual eligible residents through Humana’s best-in-class integrated care-delivery system.

“Humana is honored to partner with the State of Illinois in its Medicare-Medicaid Alignment Initiative,” said Alan Wheatley, President, Medicare at Humana. Wheatley also leads the company’s Medicaid operations. “Humana has developed a strong reputation for managing complex care for its members, particularly for Medicare beneficiaries who have the greatest health care needs.”

“Dual eligibles often have multiple chronic conditions which require high quality, integrated care. Utilizing Humana’s fully integrated care-delivery model, we expect to improve health outcomes for these members,” Wheatley said.

Humana is one of the largest Medicare companies in Illinois, with more than 200,000 state residents currently enrolled in Humana Medicare plans. Nationally, Humana has more than 5.3 million Medicare members, with more than 25 years of experience in Medicare. Humana also has approximately 600,000 Medicaid members, primarily in Puerto Rico and Florida.

Humana has formed critical relationships across Illinois, including partnerships with many key health care provider organizations, to develop comprehensive health centers focused on low-income seniors in medically underserved areas and on complex care management of dual-eligible populations.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs