Humana Inc. (NYSE: HUM), a leading health and well-being company, and Allina Health are expanding their existing agreement to focus on value-based care for Humana’s Medicare Advantage members in Minnesota.
This multi-year agreement, which takes effect Jan. 1, 2022, is in keeping with Humana’s long-standing commitment to value-based care, which emphasizes:
- More personal time with health professionals and personalized care that is tailored to each person’s unique health situation;
- Access to proactive health screenings and programs that are focused on preventing illness;
- Improved care for people living with chronic conditions with a focus on avoiding health complications;
- Leveraging technologies, such as data analytics, that connect physicians and help them work as a team to coordinate care around the patient; and
- Reimbursement to physicians linked to the health outcomes of their patients rather than based solely on the quantity of services they provide (fee-for-service).
“This value-based agreement for Humana Medicare Advantage members is an important part of helping our members achieve their best health,” Chuck Dow, VP, Humana’s Medicare Regional President for Minnesota. “We’re excited to share with Allina Health a strong commitment to providing quality care while improving patient health outcomes in Minnesota.”
Humana offers HMO-POS and local PPO plans in Minnesota to meet a variety of individual health care needs, including plans that include $0 premiums, rich supplemental benefits, and top-ranked customer experience for insurance companies based on the 2021 Forrester CX Index. In June, Humana ranked No. 1 among health insurers for customer experience (CX) quality in Forrester’s proprietary 2021 US CX Index™ survey. The ranking was based on responses from more than 85,000 US survey respondents from 13 industries.
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