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Humana is a private insurance company that offers three prescription drug (Part D) Medicare plans in 2025. Learn more about these plans, including costs and coverage.
Medicare drug lists, called formularies, are lists of all the prescription drugs a Medicare Part D plan covers. Use the list to know if your medications are covered.
People enrolled in Medicare prescription drug coverage could cumulatively save an estimated $1.5 billion, and taxpayers are expected to save $6 billion, the Biden administration said.
Over the following 35-years, third-party payment for prescription drugs became increasingly common. By the end of the century, less than one-third of drug spending was paid out-of-pocket. Despite the absence of a Medicare drug benefit, about 70% of Medicare enrollees obtained drug coverage through other means, often through an employer or Medicaid.
MA grew from almost zero in 1998 to 33.8 million subscribers in 2024, or 55% of Medicare recipients. 98%+ were enrolled in a zero-premium MA-PD plan (including prescription drug coverage). [5] In 2022, 295 plans (up from 256 in 2021) covered all Medicare services, plus Medicaid-covered behavioral health treatment or long term services and ...
Humana Inc. is an American for-profit health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, [2] which made it the highest ranked (by revenues) company based in Kentucky. It is the fourth largest health insurance provider in the U.S. [3]