Humana and iCan Benefit Group Team Up To Offer Affordable Benefit Plans For Individuals - Insurance News | InsuranceNewsNet

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March 7, 2011
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Humana and iCan Benefit Group Team Up To Offer Affordable Benefit Plans For Individuals

Partnership offers discounted dental, vision and pharmacy plans, among other benefits

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Humana Inc. (NYSE: HUM) has teamed with the iCan Benefit Group to offer a new line of discounted products for individual consumers. Effective immediately, people can access a variety of discounted packages that include dental, vision and pharmacy products. The agreement establishes the iCan Benefit Group as the primary marketer of these products and will connect Humana with iCan’s national distribution network. iCan will offer the new products through online and TV campaigns, as well as through distribution to large organizations.

Studies show that focusing on dental and vision care through regular dental cleanings and periodic eye exams can help detect other health problems and risks, such as heart disease, diabetes and stroke. This new initiative also provides access to favorable prescription discount pricing through the Humana Prescription Drug Savings Program now available to the public at no cost. Furthermore, combined with prescription-advocacy services, these products will deliver affordable medications to people who have no health care benefits and groups whose benefits do not include prescription, dental and vision coverage.

“We know that many people either don’t have access to prescription discounts or they take medications that aren’t covered by their health plan. This product offered by Humana and iCan can provide value to these people,” said William Fleming, vice president of Humana Pharmacy Solutions.

This unique relationship will provide iCan customers with access to Humana’s full suite of insured products as well as discount plans. The competitively priced benefits can be included in various product bundles. A variety of packages is now available, some of which include additional insured health benefits. Also, purchasers of these products can leverage savings programs for entertainment, travel, legal and financial services, as well as personal and family benefits, such as counseling.

“As the focus of the industry evolves, Humana and iCan recognize in each other the commitment to providing not only quality coverage but quality service, with the goal of improving overall population health,” said Steve Tucker, chief executive officer of the iCan Benefit Group. “These new offerings of dental, vision and pharmacy benefits enable us to better provide the families we serve with affordable health solutions.”

“Oral and ocular health are important to an individual’s overall health and well-being and these plans will give people access to affordable dental and vision care,” said Beth Bierbower, Humana’s specialty benefits chief operating officer.

If you would like more information about these offerings, please go to www.icanbenefit.com or call 1-800-530-4226.

About iCan Benefit Group LLC

Founded in 2004, iCan Benefit Group, LLC is a dynamic, customer-centric family of companies providing its customers with access to comprehensive, affordable insurance and lifestyle benefit solutions, including health, life, lifestyle, property and casualty. With tens of thousands of existing customers, iCan Benefit Group is the answer for many to the healthcare crisis suffered by more than 53 million people in the U.S. today. iCan focuses on increasing access and utilization of wellness-based initiatives, including telemedicine services provided through its InteractiveMD platform http://www.interactivemd.com. The company is based in Boca Raton, Florida and can be found online at: www.icanbenefit.com.

About Humana

Humana Inc., headquartered in Louisville, Ky., is one of the nation’s largest publicly traded health and supplemental benefits companies, with approximately 10.2 million medical members, 7.1 million specialty members, and operates more than 300 medical centers and 240 worksite medical facilities. Humana is a full-service benefits and well-being solutions company, offering a wide array of health, pharmacy and supplemental benefit plans for employer groups, government programs and individuals, as well as primary and workplace care through its medical centers and worksite medical facilities.

Over its 50-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 www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases
  • Replays of most recent earnings release conference calls
  • Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
  • Corporate Governance information

Humana Corporate CommunicationsMarvin Hill, 502-476-0315
[email protected]
or
iCan Benefit Group PR & BrandingAlex Price, 561-400-7655
[email protected]

Source: Humana Inc.

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