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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.
CMS projects that the average monthly premium for people with a Medicare Advantage plan that includes prescription drug coverage will fall by 13% to $13.50 in 2025.
Humana's stock has fallen nearly 19% since the insurer slashed its 2025 profit forecast to $22 and $26 per share from $37 in January, anticipating a rise in medical claims.
Headquartered in downtown Cleveland, Ohio, Medical Mutual of Ohio operates in the historic Rose Building. The Rose Building was erected in 1900 and "its innovative steel-frame structure was one of the first in Cleveland." [6] Meant to house dentists' offices, the Rose Building had almost 100 dentist tenants by 1902. [citation needed]
WellCare began operations in 1985 in Tampa, Florida as a Medicaid provider for the State of Florida. [3] In 1992, Kiran Patel, a cardiologist and entrepreneur, purchased the company. [4] [5] In 2002, Patel sold it to a New York investment group led by George Soros and Todd Farha. [5] Also in 2002, Todd Farha joined the company as CEO. [6] [7]
The building nearing completion in 2013. The Global Center for Health Innovation, [1] also known as the Medical Mart, was a $465 million joint venture by Cuyahoga County and MMPI to construct a permanent showroom of medical, surgical and hospital goods along with a new Huntington Convention Center of Cleveland in downtown Cleveland, Ohio. [2]
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