Humana Expands Medicare Medication Therapy Management Program By Adding National and Regional Pharmacies
Posted on: Thursday, 9 November 2006, 18:01 CST
Humana Inc. (NYSE:HUM) today announced an expansion of its Medication Therapy Management program to qualified Humana Medicare members. The expansion includes the addition of select Rite Aid and SuperValu pharmacies, which include Jewel Osco, Cub Pharmacy and Albertsons Sav-on. Humana's Medication Therapy Management (MTM) program provides pharmacists with medication review solutions and clinical measures to identify problems or gaps in prescription drug therapy. The program also assists Medicare beneficiaries in reducing the risk of over- or under-utilization of medications, promoting compliance and decreasing the likelihood of adverse drug effects.
Medication Therapy Management is a part of the Medicare Prescription Drug Improvement and Modernization Act of 2003. Eligibility requirements set by Humana and The Centers for Medicare & Medicaid Services (CMS) include any Medicare beneficiary who has two or more chronic disease conditions, have anticipated medication costs of at least $4,000 per calendar year and take eight or more Part D medications within a 90-day interval.
"MTM affords pharmacists the opportunity to play an even greater role in enhancing patient care and optimizing outcomes," said William Fleming, PharmD, Humana Vice President, Pharmacy and Clinical Integration. "We are extremely pleased to partner with both Rite Aid pharmacies and SuperValu pharmacies in our MTM program and look forward to supporting the pharmacists in improving medication use through MTM at a community level across their chains."
Humana continues to expand its MTM program by enlisting independent and chain pharmacies to join Humana's efforts to educate and help Medicare enrollees with their prescription drug costs.
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies, with more than 11 million medical members. Humana offers a diversified portfolio of health insurance products and related services -- through traditional and consumer-choice plans -- to employer groups, government-sponsored plans, and individuals.
Over its 45-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.
More information regarding Humana is available to investors via the Investor Relations page of the company's web site at http://www.humana.com, including copies of:
Annual report to stockholders;
Securities and Exchange Commission filings;
Most recent investor conference presentation;
Quarterly earnings news releases;
Replays of most recent earnings release conference call;
Calendar of events (includes upcoming earnings conference call dates, times, and access number, as well as planned interaction with research analysts and institutional investors);
Corporate Governance Information.
Source: Business Wire
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