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HUMANA INC.

(HUM)
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Humana's Preferred Medicare Part D Network to Include More Than 11,000 Retail Pharmacy Locations in 2022

11/18/2021 | 04:54am EST

Humana Inc.opens new window (NYSE: HUM), a leading health and well-being company, has announced that many of its Prescription Drug Plan (PDP) members will soon have even more low-cost and convenient options with the addition of one of the nation's largest retail pharmacy companies to its preferred Medicare Part D pharmacy network.

Starting in 2022, Albertsons Companies pharmacies, which includes Albertsons, Safeway, Vons, Jewel-Osco, Acme, Shaw's Tom Thumb, Randall's, United Supermarkets, Market Street, Haggen and Carrs, will be a part of Humana's preferred cost-sharing pharmacies.

With the addition of the Albertsons Companies, many of Humana's PDP members will soon have a total of more than 11,000 preferred cost-sharing pharmacy locations where they can fill many prescription medications at a lower out of pocket cost, including at the following pharmacies that are already a part of Humana's preferred cost-sharing retail pharmacy network: Costco, HEB, Kroger Health and its family of pharmacies, Publix Super Markets, Sam's Club, Walmart and Walmart Neighborhood Markets.

'At Humana, we are continuously focused on improving consumer experience while helping our members achieve their best health,' said TJ Gibb, Vice President and Leader of Medicare Prescription Drug Plans at Humana. 'This significant expansion of our preferred cost-sharing retail pharmacy network not only helps many of our members save money on their prescription medications but also provides them with more convenient preferred pharmacy network locations throughout the country to choose from.'

The new agreement will take effect on January 1, 2022.

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools - such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions - combine to produce a simplified experience that makes health care easier to navigate and more effective.

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
ALBERTSONS COMPANIES, INC. -1.94% 30.375 Delayed Quote.2.48%
HUMANA INC. -0.27% 390.4312 Delayed Quote.-15.57%
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Financials (USD)
Sales 2021 83 020 M - -
Net income 2021 3 065 M - -
Net Debt 2021 5 605 M - -
P/E ratio 2021 16,4x
Yield 2021 0,72%
Capitalization 50 342 M 50 342 M -
EV / Sales 2021 0,67x
EV / Sales 2022 0,60x
Nbr of Employees 48 700
Free-Float 64,6%
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Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 391,66 $
Average target price 480,18 $
Spread / Average Target 22,6%
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Managers and Directors
Bruce Dale Broussard President, Chief Executive Officer & Director
Susan M. Diamond Chief Financial Officer
Kurt J. Hilzinger Chairman
Brian P. LeClaire Chief Information Officer & Senior Vice President
Sam Deshpande SVP, Chief Risk & Technology Officer
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