Humana Inc Effecting Change in Health Equity: Innovative Strategies Yielding Positive Results
There’s a revolution underway in healthcare and Humana Inc., the US-based leading health insurer and healthcare services company, is driving it. Its unique approach is dispelling prejudices and fostering an environment conducive to healthy living for its members; proof of which can be seen in their recent studies focusing on health literacy and healthcare discrimination, and its value-based care model.
The findings released by Humana from its recent health literacy and healthcare discrimination screenings analysis have placed it in the vanguard, marking it as the first national health plan to critically focus on structural determinants of health, including dubious perceptions of discrimination and health literacy.
Considered a fairly untouched yet vital part of healthcare, Humana’s determination to tackle this area is commendable. The perception of discrimination can breed a negative climate of distrust, while adequate health literacy empowers individuals to make informed decisions concerning their health. Addressing these core issues will undoubtedly help level the healthcare playing field and give each member an equal chance at better health outcomes.
Alongside this groundbreaking study, the company continues to prove the viability and effectiveness of its value-based care initiative. According to the tenth annual Value-Based Care Report, value-based care simplifies healthcare, reduces costs, and yields better health for Medicare Advantage members. Patients under this care model spent more time with their primary care physician and were more proactive in receiving preventive care. This consequently led to fewer hospitalisations, representing a significant win for both Humana and its Medicare Advantage members.
In keeping with its commitment to drive change, The Humana Foundation, the firm’s philanthropic arm, is also marching forward with its regional health equity mission through its noteworthy grant programming. The recent announcement of 23 different grants distributed across Kentucky, Florida, Louisiana and Texas seeks to support seniors and school-aged children in leading healthy lives. These grants will foster healthy emotional connections and promote nutritious lifestyle choices.
The investment in Mental Health and Nutrition Programming makes a strong statement about Humana’s dedication to addressing the all-rounded wellness of its members. This, along with the fight against structural health determinants and a continuous embrace of value-based care, marks Humana as a trailblazer for health equity and reform.
Such pioneering steps can have a transformative influence on Humana’s reputation and position in the health insurance market. Besides these being the right things to do, the value implications for the company, whether it be greater customer satisfaction or operational efficiency, are undeniable.
Comments