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Humana Inc.
Humana assumes Medicare membership of MD Medicare Choice Plan in Florida
October 19th, 2008
Humana Inc. (NYSE: HUM) announced it is assisting the Centers for Medicare & Medicaid Services (CMS) in providing uninterrupted access to health and prescription benefits for approximately 16,000 Medicare members of the MD Medicare Choice (MDMC) plan in 23 counties across Florida effective October 1, 2008. MDMC's contract with CMS was terminated following action September 29, 2008 by the Circuit Court of the Second Judicial Court in and for Leon County, Florida, which placed MDMC into receivership. The Florida Department of Financial Services immediately began a liquidation of the plan. "Humana and our vast network of primary care doctors,...
Source: Pharma Investments, Ventures & Law Weekly (2008-10-19)
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