Longevity Health and Humana Extend Their Strategic Alliance
Longevity Health Strengthens Partnership with Humana
Longevity Health, a prominent clinical services organization and national Institutional Special Needs Plan (ISNP), has announced a pivotal extension of its partnership with Humana, pushing their collaboration through 2030. This enhanced agreement signifies a monumental commitment to improving health services for Medicare-eligible individuals residing in senior living and skilled nursing facilities.
Expansion of Special Needs Health Plans
Initiated in 2023, the collaboration between Longevity Health and Humana aims to expand special needs health plan offerings tailored for Medicare-eligible seniors. The initiative currently supports members across seven states, with ambitious plans to broaden its reach into new markets, solutions, and service areas for an increasing number of members.
A Commitment to Quality Care
Dr. René Lerer, CEO of Longevity Health, expressed enthusiasm about the partnership, stating, "It is a privilege to partner with Humana, known for its unwavering focus on quality. Together, we are committed to delivering holistic care alongside skilled nursing facilities and community providers." This sentiment emphasizes Longevity's dedication to bringing high-quality care through a collaborative, value-based model.
The Unique Partnership Approach
Longevity and Humana have established a distinct partnership model that works closely with skilled nursing facility operators. This transparent, value-based model incentivizes facilities to enhance the quality of care and improve the overall member experience. Through this collaboration, the health outcomes of vulnerable individuals residing in these facilities, often facing multiple complex conditions, are prioritized.
Understanding Institutional Special Needs Plans
Institutional Special Needs Plans (ISNPs) are specialized Medicare Advantage plans that integrate the comprehensive benefits of Original Medicare (Parts A and B), along with Part D prescription drug coverage. They cater specifically to members who live in long-term care facilities or senior living communities, ensuring their unique healthcare needs are met effectively.
About Longevity Health
Longevity Health is dedicated to delivering exceptional clinical services and managing national Institutional Special Needs (ISNP) plans. The organization focuses on providing meaningful, patient-centered care that addresses a full spectrum of medical, social, and emotional needs for residents in senior living settings. Longevity partners not only through its own plans but also as an Independent Provider Association (IPA) with leading national health insurers.
Frequently Asked Questions
What is the main purpose of Longevity Health's partnership with Humana?
The partnership aims to expand health plan offerings for Medicare-eligible individuals in senior living and skilled nursing facilities, enhancing healthcare quality and access.
How long is the partnership between Longevity Health and Humana extended?
The partnership has been extended for an additional five years, through 2030.
In what areas does Longevity Health currently provide services?
The collaboration currently serves members across seven states and plans to expand into new markets and solutions.
What type of care model do Longevity and Humana promote?
They promote a unique, value-based care model that prioritizes improving care quality and member experiences in skilled nursing facilities.
What are Institutional Special Needs Plans (ISNPs)?
ISNPs are Medicare Advantage plans designed for members living in long-term care facilities, combining all essential Medicare benefits with additional prescription drug coverage.
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