Humana (HUM) is a healthcare company that primarily offers Medicare Advantage programs to its clients. MA programs fall under "part c" of Medicare coverage. Those enrolled in MA programs pay a premium to receive at least the same benefits that they would under original Medicare; the providers contract with the federal government and receive a fixed amount each month based on how many subscribers they have, in addition to other premiums they receive.
Advantage plans can be a superior alternative to traditional Medicare, particularly if a senior needs prescription drugs, wants to cap out-of-pocket expenses (which original Medicare does not limit), or needs coverage for vision, dental, assisted living, and nursing home care - the latter two...
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