If you're a Florida resident who is currently enrolled in a health insurance plan with Humana, then you may have received a letter that eluded to the possible cessation of business between the insurance company and HCA hospitals this summer. The reason behind the letter is that the contract between Humana and HCA is scheduled to terminate soon, which is something that could have rippling consequences for thousands of policy holders across the state.
Allowing the contract between the two companies to lapse would mean that visits to HCA hospitals would no longer be considered in-network, which could mean steep charges for consumers who may not want to receive treatment elsewhere. As you can imagine, this could be incredibly problematic for a number of our more frequent blog readers here in Brevard County who are likely retired and on fixed incomes already.
Although a representative from HCA said that the company is "optimistic" that the dispute will be resolved and that a new contract will come to fruition, policy holders across the state should be prepared for the worst. That's because if the worst were to happen, then policy holders who do not want to pay more out of pocket may need to travel further for in-network treatment.
If there is anyone who understands the frustration that comes with health care network changes and contract disputes it's the lawyers here at Frese Hansen. We know that many people rely on consistent health insurance, especially when they enter retirement, because paying more for health care might be difficult or downright impossible.
The hope for us is that this particular contract dispute doesn't negatively impact elderly people across Florida, particularly because spending more for health care could create problems for their estate plans.
Source: Health News Florida, "HCA Hospitals, Humana in Contract Dispute," Carol Gentry, June 8, 2015