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Humana Inc. Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, [2] which made it the highest ranked (by revenues) company based in Kentucky. It is the fourth largest health insurance provider in the U.S. [3]
Several Medicare Advantage Plan contracts with Humana lapsed on Oct. 31 after weeks of tense conflict. For patients covered by these plans, WakeMed could remain out-of-network “well into 2024 ...
Humana and Centene did not respond to requests for comment. ... "People don't have much recourse if their doctor leaves the network." Janna Herron is a Senior Columnist at Yahoo Finance.
A Humana spokesperson said the company was still working with WakeMed to reach a resolution. In the meantime, Humana said it would work with the impacted members to find new in-network providers.
Medicare Advantage ( Medicare Part C, MA) is a type of health plan offered by Medicare-approved private companies that must follow rules set by Medicare. Most Medicare Advantage Plans include drug coverage (Part D). Under Part C, Medicare pays a sponsor a fixed payment. The sponsor then pays for the health care expenses of enrollees.
HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom.
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