LOUISVILLE, Ky., May 12 /PRNewswire/ -- Humana Inc. (NYSE: HUM) announced
today that Argus Health Systems will begin providing its pharmacy claims
processing, reporting and benefits administration services to Humana in
September 2005. Terms of the agreement were not disclosed. Argus will
support Humana's core pharmacy initiatives such as the delivery of the
Medicare Part D drug benefit strategy, as well as Humana's industry-leading
and patent-pending RxImpact benefit, RxCalculator pricing tool and Maximize
Your Benefit program.
"We chose Argus because of its best-in-class reputation and passion to
leverage its technology for our commercial and Part D pharmacy benefit needs,"
said William Fleming, PharmD, vice president of pharmacy and clinical
integration for Humana. "Like Humana, Argus' business philosophy embraces
transparency and integrity in all transactions, which is core to our consumer
strategy."
Argus provides processing, reporting and administration tools that
complement Humana's consumer choice product offerings. Its robust pharmacy
claims processing infrastructure is built to manage the sophisticated pharmacy
benefits and customization that is required to work with Humana's customers.
Likewise, Argus' technology and strategy provides Humana with tools to deliver
Medicare Part D products in 2006.
"Humana has a reputation for developing innovative pharmacy benefits, and
it focuses on bringing consumer-driven programs into health care. It is a
leader in transforming the status quo in health benefits," said Charlie
Schellhorn, president and chief executive officer of Argus Health Systems,
Inc. "We look forward to working with Humana to support its goals of
integrating pharmacy and medical benefits and developing programs that meet
the needs of its customers."
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;
- 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.
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Related links:
http://www.humana.com
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CONTACT:
Mary Sellers of Humana Corporate
Communications, +1-502-580-3689, or msellers1@humana.com ; or Stu
Goldstein of Argus Health Systems, +1-816-843-6461, or
stu.goldstein@argushealth.com
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