Humana-Baptist Health service agreement deadline nears
Humana-Baptist Health service agreement deadline nears
Representatives of Baptist Health and Humana have yet to provide any updates on their ongoing negotiations as the deadline for their service agreement approaches. This agreement has implications for both Medicare Advantage members and Commercial Group members. If the negotiations are unsuccessful, Baptist Health physicians will no longer be considered in-network for Humana’s Commercial Group accounts and Medicare Advantage members. Earlier this year, Humana announced its intentions to discontinue commercial and employer-sponsored health plans. Both companies are currently working towards reaching a new agreement.
Implications for Medicare Advantage and Commercial Group members
The ongoing negotiations between Baptist Health and Humana have significant implications for both Medicare Advantage members and Commercial Group members. If the negotiations fail, Baptist Health physicians will no longer be considered in-network for Humana’s Commercial Group accounts and Medicare Advantage members. This could potentially disrupt medical care for these individuals and may require them to seek alternative healthcare providers.
Humana’s decision to discontinue commercial and employer-sponsored health plans
Earlier this year, Humana announced its intentions to discontinue commercial and employer-sponsored health plans. This decision has led to the ongoing negotiations between Humana and Baptist Health. While both companies are working towards reaching a new agreement, the deadline is fast approaching. The outcome of these negotiations will have a significant impact on the availability and accessibility of healthcare services for individuals covered under Humana’s plans.
As a result, the negotiations between Baptist Health and Humana are crucial for the healthcare services provided to Medicare Advantage and Commercial Group members. The outcome of these negotiations will determine the in-network status of Baptist Health physicians for Humana’s plans. Both companies are working towards reaching a new agreement to ensure there is no disruption in medical care for their patients. However, the deadline for reaching an agreement is approaching quickly.
