The 2014 Medicare Annual Election Period (AEP) has begun, and Humana Inc. (NYSE: HUM), one of the nation’s leading health and well-being companies, is well prepared to help people eligible for Medicare select the coverage that is best for them. Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDP) selected during the AEP will take effect Jan. 1, 2014. As in recent years, Medicare beneficiaries won’t be able to switch plans for 2014 after the enrollment period ends on Dec. 7, 2013 (unless they qualify for a special enrollment period), according to Medicare program rules. Medicare Advantage Plans Humana’s MA plans offer people a wide array of benefits and services while helping them get the most from their health care dollars. Plans include coverage for services such as preventive checkups, doctor visits and hospital stays. Humana’s goal is to help people better manage and understand their health, and health coverage. Many of Humana’s MA plans also provide benefits such as:
Preventive dental care
Savings on over-the-counter medications
Urgent Care coverage at a variety of medical clinics and some plans include additional savings when members use Humana-owned Concentra medical clinics.
“As one of the nation’s largest and most experienced Medicare companies, we are committed to helping our members achieve lifelong well-being,” said Tom Liston, President of Humana’s Retail Segment. “Humana Medicare members know from experience that they can trust us to provide what they need, when they need it, when it comes to their Medicare coverage.” With prescription drug coverage, health and wellness offerings and chronic condition management programs available, Humana MA plans offer enrollees many choices, including local and regional PPO plans, HMO and private fee-for-service (PFFS) plans. Humana MA plans also have annual out-of-pocket maximums in 2014, protecting beneficiaries against catastrophic costs.