Services to be provided to TRICARE beneficiaries at Keesler Air Force Base,
Fort Bragg and Wright Patterson Air Force Base
LOUISVILLE, Ky., May 26 /PRNewswire/ -- Humana Inc. (NYSE: HUM) announced
today that its wholly-owned subsidiary, Humana Military Healthcare Services
(HMHS), has been awarded its third Department of Defense Patient Appointing
Services Contract. The new agreement is for services at the department's
Keesler Air Force Base in Mississippi.
This award, like the two previous awards at Womack Army Medical Center at
Fort Bragg, North Carolina and the 74th Medical Group at Wright Patterson Air
Force Base, Ohio, requires HMHS to provide patient appointing services for
those TRICARE eligible beneficiaries seeking medical services at the
respective Medical Treatment Facility (MTF).
"HMHS is proud to have been awarded these contracts to assist our men and
women in uniform and their families in obtaining needed medical appointments
in these three military communities," said David J. Baker, president and chief
executive officer of HMHS. "We feel that this decision reflects each military
treatment facility's confidence in our continued commitment to our
beneficiaries. Although our dedication to our beneficiaries is constant, it
is especially critical during times such as these to offer our beneficiaries
the support and superior service they deserve. Our mission now is to exceed
even our own expectations in this respect."
HMHS will begin performance of this contract on July 1, 2005, and the
contract will cover five (5) option periods or approximately six (6) calendar
years. It is estimated that administration of these three contracts will
generate approximately $2 million a year in revenues.
The forward-looking statements included in this press release are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements may be significantly impacted
by certain risks and uncertainties described in Humana's Form 10-K for the
year ended December 31, 2004 and its Form 10-Q for the quarter ended March 31,
2005, as filed with the Securities and Exchange Commission.
About HMHS
HMHS, headquartered in Louisville, Ky., has been a Department of Defense
contractor for the administration of the TRICARE program since July 1, 1996.
In August 2003, HMHS was awarded the contract to provide health benefits
support and services to approximately 2.8 million active duty and retired
military and their eligible family members in the ten state South Region.
HMHS was also awarded the Department of Defense's contract to provide health
care services and support for active duty service members and their families
located in the Commonwealth of Puerto Rico in February 2004.
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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CONTACT:
Regina Nethery, Humana Investors Relations,
+1-502-580-3674, or E-Mail, rnethery@humana.com , or Dick Brown,
Humana Corporate Communications, +1-502-580-3683, or E-Mail,
dbrown4@humana.com
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