Humana Expands Medicaid Footprint with New Virginia Plan

Humana Inc. (NYSE:HUM) is one of the most undervalued large cap stocks to buy according to analysts. On July 2, Humana expanded its Medicaid offerings by introducing Humana Healthy Horizons in Virginia, which is a new Medicaid plan available to Virginians under the state’s Cardinal Care program. The initiative shows Humana’s focus on growing its presence in the Medicaid sector.

Humana Healthy Horizons is now one of five plan administrators selected by Cardinal Care as part of a statewide Medicaid managed care procurement. As part of its commitment to the community, Humana plans to invest an additional $2 million over the next 5 years into the Virginia Health Care Foundation/VHCF. This follows an initial $500,000 investment for expanding Virginia’s behavioral health workforce.

A closeup of an elderly patient happily receiving a specialty healthcare product.

Humana Healthy Horizons manages Medicaid benefits for ~1.5 million members nationally and emphasizes a whole-person approach to healthcare. The approach integrates physical health, behavioral health, pharmacy, long-term care, and social services to improve the health and well-being of its members and the communities it serves.

Humana Inc. (NYSE:HUM) provides medical and specialty insurance products in the US.

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Disclosure: None. This article is originally published at Insider Monkey.