A large insurer has described the coverage continuation benefits it will provide for 600 members of a failed Medicare health maintenance organization.
Humana Inc., Louisville, Ky., is taking responsibility for covering the Medicare beneficiaries. The beneficiaries previously were members of the Medicare HMO run by SunCoast Physicians Health Plan Inc., Weston, Fla.
The federal Centers for Medicare & Medicaid Services ended its relationship with SunCoast Friday, when Florida regulators put SunCoast into receivership, Humana says.
Humana now administers health coverage for 125,000 Medicare beneficiaries living in Florida.