Humana

Humana

Health insurance provider for seniors and military

About Humana

Simplify's Rating
Why Humana is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Social Impact

Healthcare

Company Size

10,001+

Company Stage

IPO

Headquarters

Louisville, Kentucky

Founded

1961

Overview

Humana provides health insurance services primarily focused on seniors, military personnel, and communities. The company offers various Medicare Advantage plans, including HMO, PPO, and PFFS options, designed to improve health outcomes through comprehensive and flexible coverage. Members can access a wide range of healthcare services through Humana's extensive provider network. Unlike many competitors, Humana emphasizes inclusivity and belonging within its workforce, ensuring equal opportunities for all employees. The company aims to deliver value to its members by maintaining high renewal rates through quality service and competitive benefits, while also offering additional support like free language interpreter services to enhance accessibility.

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Simplify's Take

What believers are saying

  • Partnership with Google Cloud enhances AI capabilities for better patient care.
  • Investment in Healthpilot improves digital enrollment for Medicare options.
  • Collaboration with Aledade expands value-based care for rural health clinics.

What critics are saying

  • Rising prescription drug costs may impact Medicare Advantage plan profitability.
  • Increased competition from tech companies like Amazon and Apple in healthcare.
  • Potential regulatory backlash from AI and data analytics use in healthcare.

What makes Humana unique

  • Humana leads in Medicare Advantage plans, serving seniors and military personnel effectively.
  • The company emphasizes inclusivity, ensuring equal opportunities for all employees.
  • Humana offers free language interpreter services, enhancing accessibility for diverse members.

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Funding

Total Funding

$4450M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

Hit Consultant
Mar 20th, 2025
Aledade Expands Humana Value-Based Care Agreement To Serve Fqhcs

Aledade Expands Humana Value-Based Care Agreement to Serve FQHCs. by Fred Pennic 03/20/2025 Leave a Comment. Aledade, Inc.What You Should Know: – Aledade has announced an expanded collaboration with Humana, designed to bolster the ability of Federally Qualified Health Centers (FQHCs) and rural health clinics to succeed in value-based care. – The enhanced partnership aims to improve health outcomes, enhance quality of life, and increase healthcare affordability and accessibility for patients.Empower FQHCs and Rural Clinics in Value-Based CareBy providing upfront resources, comprehensive support, and a realistic timeframe for achieving success in value-based care models, the expanded collaboration offers Aledade’s FQHC and rural health clinic partners in 26 states a greater opportunity to share in savings within Medicare Advantage plans. Medicare Advantage serves as a private health insurance alternative to traditional Medicare.Aledade collaborates with over 300 health centers across the United States, supporting primary care organizations of all sizes in diverse rural, suburban, and urban settings. Notably, nearly two-thirds of these health centers are located in areas designated as Health Professional Shortage Areas by the U.S. Health Resources and Services Administration.The effectiveness of Aledade’s approach was clearly demonstrated in 2023

Business Wire
Mar 4th, 2025
Humana Prices $1.25 Billion Debt Offering

Humana Inc. (the “company”) (NYSE: HUM) announced today that it has priced a public offering of $1.25 billion in aggregate principal amount of senior

Hit Consultant
Jul 26th, 2024
Humana To Leverage Google Cloud’S Genai Capabilities To Improve Member Experiences

Humana to Leverage Google Cloud’s GenAI Capabilities to Improve Member Experiences. by Fred Pennic 07/26/2024 Leave a Comment. What You Should Know: – Humana Inc. (NYSE: HUM) announced a strategic multi-year agreement with Google Cloud to accelerate healthcare innovation through advanced cloud infrastructure and AI capabilities. This expanded partnership builds upon an existing collaboration between Humana and Google Health, focused on population health and AI solutions.– While the financial terms of the agreement were not disclosed, the partnership underscores both companies’ commitment to transforming healthcare through technology and innovation.Harnessing AI for Improved Patient CareThe collaboration aims to unlock new possibilities for operational efficiency, clinical insights, and personalized care by combining Humana’s deep healthcare expertise with Google Cloud’s advanced AI and cloud technologies. This partnership will enable Humana to:Modernize cloud infrastructure: Streamline operations and enhance data management.Leverage generative AI: Develop innovative solutions for improved patient outcomes and experiences.Enhance population health: Expand on existing collaboration with Google Health to optimize care delivery.“Embracing technology solutions in healthcare can help lower costs and improve consumer experiences

Coverage
Jul 19th, 2024
Humana Backs Healthpilot

Health company Humana announced a minority investment in Healthpilot, which offers a digital enrollment experience for Medicare options. Founded in 2020, Healthpilot claims to use an AI-powered model, developed by co-founder Dr. Jonathan Kolstad, to offer Medicare Advantage, Medicare Supplement, and prescription drug plan recommendations based on unique healthcare needs. The digital platform matches enrollees with the best Medicare plan options using their health profile, physician choices, drug use, and cost preferences. Most applications are submitted without needing assistance from customer support. In the past, we covered the news that Lincoln Financial Network (LFN), the retail wealth management affiliate of Lincoln Financial Group, is working with Healthpilot to make it easier for its financial professionals to leverage proprietary, AI-driven technology to integrate Medicare planning into their businesses

Hit Consultant
Jul 16th, 2024
Aligning Primary Care With Behavioral Health Is Critical To Patient Outcomes

Lynn Carroll, COO of HSBloxThere is increasing recognition across the healthcare continuum of the link between patient behavioral health and clinical outcomes. Unfortunately, alignment between primary care physicians and services for mental health issues, substance use, and other social determinants of health (SDoH) too often range from poor to nonexistent. “Behavioral health factors have an outsized influence on morbidity and mortality, and are the source of a large portion of family physicians’ frustrations with the health care system,” writes the American Academy of Family Physicians. “It is common to have patients who are unable to access care for mental health or substance use due to lack of insurance coverage or access.” Underserved populations, such as rural Americans, suffer from health inequity issues because behavioral health support and services either are unavailable or not integrated with their primary care. As the National Institute of Mental Health notes, “Though the prevalence of serious mental illness and most psychiatric disorders is similar between U.S. adults living in rural and urban areas, adults residing in rural geographic locations receive mental health treatment less frequently and often with providers with less specialized training, when compared to those residing in metropolitan locations.”To encourage greater alignment of behavioral health and primary care, the Centers for Medicare and Medicaid Services (CMS) has created a primary care reimbursement model designed to promote more innovative, team-based, and equitable approaches to care. The ACO Primary Care (PC) Flex Model (which starts on Jan

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