Behavioral Health Business April 12, 2023
Health insurer Humana (NYSE: HUM) recently revealed that 58% of its 2.1 million Medicare Advantage (MA) behavioral health claims had a value-based link.
In a report released earlier this month, the Louisville, Kentucky-based payer and health care provider noted that primary care doctors using a value-based model are more likely to see “physical and mental health intertwined.” They’re also more likely to understand the impacts mental health conditions have on non-adherence and non-compliance.
Humana is a for-profit payer with an annual revenue of $92.8 billion in 2022. The payer covers 8.7 Medicare members in all 50 states, Washington, D.C., and Puerto Rico. Humana reports that 5.1 million of its Medicare members are enrolled in a Medicare Advantage plan.
Humana owns...