Humana Gold Choice PFFS plan is cost effective alternative to Medicare
supplement, features prescription drug benefits and zero premium
COLUMBIA, S.C., Jan. 20 /PRNewswire/ -- Medicare eligible beneficiaries in
South Carolina who enroll in the Humana Gold Choice Private Fee for Service
(PFFS) plan now have even better benefits for 2005, the company announced
today. Seniors who enroll in the Humana Gold Choice PFFS will have the
freedom to see any provider, statewide, without a referral, who accepts
Medicare payments and Humana's terms.
With monthly premiums ranging from $0 to $79, Humana Gold Choice provides
an affordable alternative to most Medicare supplement plans.
The Humana Gold Choice PFFS is the only Medicare Advantage plan offered
statewide to feature prescription drug benefits (including a $10 allowance
towards each brand drug prescription with an unlimited monthly allowance
benefit), an annual out-of-pocket maximum, and worldwide emergency and urgent
care coverage.
"Our plan has been designed specifically for the Medicare beneficiary who
is on a fixed income and wants an alternative to the high monthly premiums
associated with a Medicare supplement, or prefers to choose a provider without
network restrictions found in HMOs," said Frank Altier, PFFS Director, South
Carolina Humana MarketPOINT -- a subsidiary of Humana Inc. that offers a
variety of senior benefit products. "It features a $12 generic drug co-pay
and $5 office visit co-pay to see a primary care physician and offers
emergency and urgent care worldwide. Humana's experience in serving this
segment of the market enables us to offer benefits choices to seniors that are
very competitive," Altier added.
The Humana Gold Choice PFFS plan was first introduced into South Carolina
this past September. For more information about enrolling in a Humana Gold
Choice PFFS plan, call toll-free 1-800-201-5779.
About Humana Medicare Advantage and the Humana Gold Choice PFFS
Humana Medicare Advantage (formerly known as Medicare+Choice) is available
to all Medicare-eligible individuals who are over 65 years old or qualified by
disability. This type of health plan is an alternative to original Medicare
and is a direct result of the Balanced Budget Act of 1997 and the Medicare
Modernization Act of 2003 passed by Congress. Unlike original Medicare,
Humana Medicare Advantage plans include a prescription drug benefit, limits on
out-of-pocket expenses, and worldwide coverage for emergency care and urgently
needed care.
Humana offers Medicare Advantage HMO, PPO, and PFFS plans in 15 states.
The Humana Gold Choice PFFS is open to all Medicare eligible beneficiaries,
and differs from a traditional HMO in that members have the freedom to select
any doctor, hospital, or health care provider of choice without the
restrictions of a network or referral as long as the provider accepts Medicare
assignment and Humana terms and conditions. More than 368,000 individuals are
currently enrolled in a Humana Medicare Advantage plan.
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's
largest publicly traded health benefits companies, with approximately
7 million medical members located primarily in 15 states and Puerto Rico.
Humana offers a diversified portfolio of health insurance products and related
services -- through traditional and consumer-choice plans -- to employer
groups, government-sponsored plans, and individuals.
Over its 44-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 report to stockholders;
* Securities and Exchange Commission filings;
* Most recent investor conference presentation;
* Quarterly earnings press releases (including detailed description of
unusual items, where applicable);
* Audio archive of most recent earnings release conference call;
* Calendar of events (includes upcoming earnings conference call dates,
times, and access number, as well as planned interaction with
institutional investors);
* Corporate Governance Information.
SOURCE Humana Inc.
 back to top
Related links:
http://www.humana.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20030425/HUMANALOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/423125.html
CONTACT:
Barbara Kerr of Humana Corporate
Communications, +1-305-626-5736, or bkerr@humana.com
|
