Inc. (NYSE: HUM) announced today that the Florida
Agency for Health Care Administration (AHCA) has selected Humana to
participate in its managed Long-Term Care program for Medicaid
recipients in 10 Florida counties, including South Florida, Northeast
Florida and Daytona Beach. The state contract term is for five years.
Humana will partner with the state to provide quality, long-term care
services to eligible Florida Medicaid recipients in three regions,
leveraging its innovative and integrated delivery system. Those regions
The Florida long-term care program's enrollment period for eligible
Florida Medicaid recipients begins this August and will phase in by
region through March 1, 2014. The Medicaid recipients in this new
Florida managed care program are primarily seniors and persons over the
age of 18 with disabilities who need nursing facility level of care.
"We're excited to bring Humana's integrated care delivery model to
long-term care in Florida," said Humana Retail Segment President Tom
Liston, "and provide recipients with coordinated, quality and
cost-effective care. This state award reflects Humana's goal to improve
the health and well-being of our members by delivering expanded
offerings that focus on wellness, nutrition and aging with grace."
Humana currently serves approximately 50,000 Medicaid members in South
Florida and has provided Medicaid benefits to Floridians since 1998.
This news release includes forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. When used in
investor presentations, press releases, Securities and Exchange
Commission (SEC) filings, and in oral statements made by or with the
approval of one of Humana's executive officers, the words or phrases
like "expects," "anticipates," "intends," "likely will result,"
"estimates," "projects" or variations of such words and similar
expressions are intended to identify such forward-looking statements.
These forward-looking statements are not guarantees of future
performance and are subject to risks, uncertainties, and assumptions,
including, among other things, information set forth in the "Risk
Factors" section of Humana's SEC filings, as well as the other
information that Humana may provide with respect to the pending merger,
a summary of which includes but is not limited to the following:
Humana advises investors to read the following documents as filed by the
company with the SEC for further discussion both of the risks it faces
and its historical performance:
Humana Inc., headquartered in Louisville, Ky., is a leading health-care
company that offers a wide range of insurance products and health and
wellness services that incorporate an integrated approach to lifelong
well-being. By leveraging the strengths of its core businesses, Humana
believes it can better explore opportunities for existing and emerging
adjacencies in health care that can further enhance wellness
opportunities for the millions of people across the nation with whom the
company has relationships.
More information regarding Humana is available to investors via the
Investor Relations page of the company's web site at www.humana.com,
including copies of:
[ Back To NFVZone's Homepage ]