Humana has partnered with Longevity Health Plan to offer Special Needs Plans (SNPs) to Medicare-eligible patients in skilled nursing and senior living facilities. The companies plan to scale their partnership in over a dozen states over the next three years. SNPs combine the benefits of Original Medicare with prescription drug coverage and are designed for members with special needs or characteristics. The partnership will be delivered through Humana’s Together in Health and Senior Living Plan and will include benefits such as on-site clinicians, coordinated care, $0 copays for primary care, and transportation to medical appointments.
Humana, a leading health insurer, has partnered with Longevity Health Plan to expand its Special Needs Plan offerings to support the healthcare requirements of Medicare-eligible patients residing in skilled nursing and senior living facilities. The two companies have committed to scaling their national partnership over the next three years in over a dozen states by offering Special Needs Plans (SNPs) that provide personalized care centered on holistic, patient-centric care plans.
Longevity Health Plan is a healthcare organization that partners with skilled nursing facilities via a transparent value-based model, which rewards facilities for improving the quality of care and member experience. The company collaborates with facilities to provide comprehensive care that addresses the medical, social, and emotional needs of members who reside there, typically vulnerable individuals with multiple complex conditions.
The partnership between Humana and Longevity Health Plan will launch in South Carolina and Georgia this year and expand to five more states in 2024, with additional states being added in 2025.
Special Needs Plans are Medicare Advantage plans that combine the benefits of Original Medicare (Parts A and B) with prescription drug coverage (Part D) and are designed for members with special needs or characteristics, such as living in long-term care facilities or senior living communities, and/or dual eligibility for Medicare and Medicaid.
The partnership between Humana and Longevity Health Plan will be delivered through two Humana products, Humana Together in Health and Humana Senior Living Plan. Together, they’ll offer added benefits, including an on-site dedicated advanced practice clinician for comprehensive care management; coordinated care with the member, facility staff, and physicians to provide care in the facility and prevent unnecessary hospitalizations; $0 copays for primary care and behavioral health visits; full preventive coverage, plus an additional dental allowance; an over-the-counter benefit to cover health and wellness products; hearing aid coverage; and transportation to medical appointments outside of the facility.
According to Humana President and CEO Bruce Broussard, the company’s strong financial results in the first quarter were driven by its Medicare Advantage and managed Medicaid business, its senior-focused value-based primary care platform CenterWell, and the award of the TRICARE military contract. Individual Medicare Advantage membership grew by 17%, with at least 775,000 members, in 2023. In highly-penetrated value-based markets in Texas, Georgia, Florida, and Illinois, Medicare Advantage membership has grown nearly 13% year-to-date.
Humana’s President of Medicare and Medicaid, George Renaudin, stated that “an estimated 70% of Medicare beneficiaries will require institutional long-term care at some point in their lifetime. By partnering with Longevity, we will be able to provide integrated care for our members right at the facility where they are living. These individuals have unique care needs, and this expands our ability to offer them the best care possible in a way that is better for the member’s health and in an environment that is more engaging and comfortable for their loved ones.”
