Humana’s PDP membership shrinking
Humana projects it will lose 1.1 million to 1.2 million members from its stand-alone Medicare prescription drug plans in 2009, due mainly to sharply higher premiums. The estimate includes auto-assigned members who were reassigned to plans with premiums below the low-income benchmark and low-income members who had voluntarily chosen Humana's plans, but who have now left to find less expensive coverage. Humana has backed away from coverage for low-income seniors because that business is too much of a drain on profits (1"The Pink Sheet," Sept. 15, 2008, p. 26). The firm's stand-alone PDP membership now totals about 2.1 million
You may also be interested in...
In 2009, Humana will complete its exit from providing Medicare Part D benefits to low-income seniors who qualify for both Medicaid and Medicare coverage
October and November 2020 were bad months for companies seeking to have their planned EU filings fast-tracked through the centralized drug review system at the European Medicines Agency.
Tactic aims to allow incoming Administration to scrutinize so-called ‘midnight rules’ issued in the final days of the Trump Administration before they take effect. Regulators may also solicit stakeholder comments on delayed rules.