Home Health Care News May 2, 2018
In the midst of two major takeovers in the home health and hospice space, insurance giant Humana (NYSE: HUM) is working on expanding its Medicare Advantage benefits.
Just last month, the Centers for Medicare & Medicaid Services (CMS) announced an expansion of supplemental benefits for MA plans in 2019, including the addition of non-skilled in-home supports. Humana executives stated during the company’s first quarter earnings call Wednesday that it is undergoing the 2019 bid process for MA plan benefits, but did not specify if non-skilled services are included in these bids, which are approved later in the year. CMS’ updates will also result in a 3% rate increase for Humana’s MA business.
“In April, CMS issued its final 2019 rate...
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