LOUISVILLE, Ky.--(BUSINESS WIRE)--

As one of the nationss most experienced Medicare companies, Humana Inc. (HUM) is preparing to address the growing health care needs of the expanding Medicare population.

Humana companies are once again offering a wide variety of cost-effective health plans during the upcoming Medicare Annual Election Period (AEP). Humana will be providing Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDP) to people eligible for Medicare in 2013.

The AEP, when Medicare beneficiaries will select their Medicare coverage for 2013, runs from Oct. 15 Dec. 7, 2012, with coverage taking effect on Jan. 1, 2013. As in recent years, Medicare beneficiaries wont be able to switch plans after the AEP ends (unless they qualify for a special enrollment period), per Medicare program rules.

Medicare Advantage Plans

Humanas Medicare Advantage plans help people get the most out of their health care dollars and include coverage for services like doctors visits, preventive checkups, and hospital stays and many also include coverage for prescription drugs. Most plans also provide benefits such as:

To date in 2012, approximately 1.9 million Medicare beneficiaries have selected Humana individual Medicare Advantage plans for their medical insurance coverage, said Tom Liston, President of Humanas Retail Segment. Humana Medicare Advantage members can rest assured knowing that their coverage continues to be accessible, affordable and meets their individual healthy living and well-being needs. We remain focused and committed to providing value-based health care for our members through an easy-to-navigate, customer-focused experience.

With prescription coverage, health-and-wellness offerings and chronic-condition-management programs available, Humana MA plans offer enrollees many choices including local and regional PPO plans, HMO and Private Fee-For-Service plans.

Humana MA plans also have annual out-of-pocket maximums in 2013, protecting beneficiaries against catastrophic costs. Humana is committed to informing its members and eligible Medicare beneficiaries of the various benefit and savings options that are available to them for 2013.

Prescription Drug Plans

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Humana’s 2013 Medicare Offerings Feature Savings, Choice and Preventive Health Benefits