Humana Accelerates Commitment to Helping Seniors Choose Right Health Plan, Announces Minority Investment in Healthpilot
17 Julio 2024 - 7:00AM
Business Wire
- Investment in Healthpilot supports Humana’s efforts to develop
a more efficient, transparent, and consumer-centric healthcare
ecosystem by leveraging cutting-edge technology.
- Healthpilot’s AI-driven Medicare plan platform will remain
payor-agnostic, providing highly personalized recommendations for
Medicare beneficiaries to enroll in the right health plan.
Leading health and well-being company Humana Inc. (NYSE: HUM),
through its payor-agnostic insurance brokerage business, today
announced a minority investment in Healthpilot, a company
pioneering the development of a personalized and simpler digital
enrollment experience for seniors exploring their Medicare options.
The financial investment by Humana supports both companies’ visions
to create a more efficient, transparent, and consumer-centric
healthcare ecosystem. Following Humana’s minority investment,
Healthpilot will remain payor-agnostic, providing consumer-specific
recommendations for beneficiaries to enroll in the right health
plan for their specific healthcare profile. Financial terms were
not disclosed.
Healthpilot’s proprietary AI-powered model was developed based
on the academic research of Healthpilot co-founder Dr. Jonathan
Kolstad, PhD and features an online enrollment platform that
provides Medicare Advantage, Medicare Supplement and prescription
drug plan (PDP) recommendations based on beneficiaries’ unique
healthcare situations. Using a digitally native platform, it
leverages enrollee information such as their personal health
profile, choices for physicians, prescription drug utilization and
cost preferences, and then matches prospective enrollees with the
optimal choices available for their Medicare plan needs. Most
applications are submitted without a consumer requiring assistance
from a Healthpilot customer support representative.
“This investment in Healthpilot represents a strategic step
forward in Humana’s digital growth journey and underscores our
commitment to leveraging cutting-edge technology to further enhance
payor-agnostic, omnichannel broker capabilities,” said David
Dintenfass, President of Enterprise Growth at Humana.
“Healthpilot’s platform provides a more personalized and simpler
digital enrollment experience for seniors, and we are excited to
improve the education, shopping and enrollment experiences for
customers that purchase Medicare products from Healthpilot. By
leveraging Healthpilot’s advanced analytics and AI, beneficiaries
can be paired with plans that best meet their needs, thereby
enhancing their overall healthcare experience.”
“Healthpilot is seeking to redefine the Medicare plan shopping
experience with a customer-centric approach that leverages leading,
AI-powered technology and an elegant user-interface,” said Seth
Teich, CEO of Healthpilot. “We are pleased to have the opportunity
to collaborate more closely with Humana. Their financial investment
will fuel our ambitious goals of improving our customer product
experience, growing our brand online, accelerating data analytics,
and enhancing our AI capabilities. These advancements will allow us
to better serve the millions of seniors in need of a simplified
digital shopping experience.”
About Humana
Humana Inc. is committed to putting health first – for our
teammates, our customers, and our company. Through our Humana
insurance services, and our CenterWell health care services, we
make it easier for the millions of people we serve to achieve their
best health – delivering the care and service they need, when they
need it. These efforts are leading to a better quality of life for
people with Medicare, Medicaid, families, individuals, military
service personnel, and communities at large. Learn more about what
we offer at Humana.com and at CenterWell.com.
More information regarding Humana is available to investors via
the Investor Relations page of the company’s website at humana.com,
including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases and conference calls
- Calendar of events
- Corporate Governance information.
About Healthpilot
At Healthpilot, we’re redefining the Medicare plan shopping
experience. We’ve built groundbreaking AI technology that allows
customers to find and enroll in a plan fully online, or with the
help of licensed, non-commissioned support representatives at any
point along the way. Our best-in-class platform engages users by
asking them simple questions about their drugs, doctors, coverage
preferences, and pharmacy information – and in seconds, our AI
finds the ideal plan for them considering all predicted costs in
the future year. To learn more about how we’re improving seniors’
experience with Medicare enrollments, please visit
www.healthpilot.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240717236852/en/
Investors: Lisa Stoner (Humana); (502) 580-2652;
lstamper@humana.com
Media: Mark Taylor (Humana); (317) 753-0345;
MTaylor108@humana.com
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