Humana Inc. and USAA Life Insurance Company (USAA Life) announced a new Medicare Advantage plan designed with veterans in mind to provide a robust coverage option that complements healthcare benefits received through Veterans Affairs (VA).
This new co-branded Humana USAA Honor with Rx plan, available to anyone eligible for Medicare, is being offered in eight states starting in 2023 and provides the ﬂexibility for veterans to see in-network local doctors and fill prescriptions at pharmacies close to home, outside the VA system. It’s the only Medicare Advantage plan developed in partnership with USAA.
The new plan is available throughout Pennsylvania and in select markets in the following states:
The plan combines the healthcare experience of Humana with the veteran experience of USAA to meet the unique needs of veterans and their families.
Humana introduced its Honor Medicare Advantage plans in 2020; this is the first time an Honor plan includes prescription drug coverage. Humana’s Honor plans are available to anyone eligible for Medicare, but they are designed in a way that may work alongside the benefits a veteran receives through VA healthcare.
“While available to anyone eligible for Medicare, the Humana Honor plans are made to serve those who served,” said Jim Van Valin, Segment Vice President for Humana MarketPoint, the company’s Medicare sales organization. “Humana and USAA together are committed to the military community, and we are proud to deliver this opportunity for convenience, savings and personalized support. Those who gave so much to our nation deserve a health plan that gives back to them.”
The new Humana USAA Honor with Rx plan offers:
- $0 monthly premium
- Part B premium giveback ranging from $40 to $75 (depending on the plan) back into the individual’s Social Security check every month
- Wide network of pharmacies and doctors
- No copays for Tier 1 and $5 or less copays for Tier 2 prescriptions at any in-network retail pharmacy for a one-month supply, with no deductibles
- USAA Health Flex Card with $250 or more a year to use toward covered dental, vision and hearing services in select markets
- Preventive dental coverage with two free cleanings a year, plus get $1,000 or more a year to cover many dental bills, including cleanings, exams and more
Veterans and Medicare households have access to Humana Customer Care specialists who collaborated with USAA to receive special training to better serve the unique healthcare needs of veterans — many specialists are veterans themselves and can make it easier for them to manage their health.
“Choosing the right health coverage is an important element of financial security,” said Mary Forey, Assistant Vice President and Senior Experience Owner for Health Insurance at USAA. “With this plan veterans continue to have access to their VA care — which they rightfully deserve and earned — but for $0 premium they can have access to additional services, more convenient prescription drug refills, backup coverage or even a second opinion. We chose Humana because of their dedication to the military community and our long-time partnership.”
Humana Honor Medicare Advantage plans are available in more than 2,000 counties across the country and are recommended by USAA. All Honor plans include Part B premium giveback as well as dental, vision and hearing coverage and most plans also have an allowance to help buy approved OTC products ranging from $100-1,200 a year.
The Annual Election Period for Medicare-eligible individuals runs from Oct. 15 through Dec. 7. Individuals can visitor call toll-free 1-833-585-8387 (VETS) (TTY: 711) 8 a.m.-8 p.m., seven days a week, to speak to an agent who is trained to support the unique needs of veterans.