HumanaDental Chosen To Provide Dental Benefits By Employees Retirement System of Texas
AUSTIN, Texas--(BUSINESS WIRE)--HumanaDental Insurance Company, a subsidiary of Humana (NYSE: HUM), has been chosen by the Employees Retirement System of Texas (ERS) to provide dental benefits for more than 500,000 participants who are eligible for the group-benefits program, including state and certain higher education employees, retirees and their dependents. There are currently 394,000 participants enrolled in the dental plans.
HumanaDental began providing dental benefits to ERS participants Sept. 1, 2009, under a contract that expires Aug. 31, 2013.
“The State of Texas is committed to providing high quality benefits that enhance the lives and health of the state work force,” said Ann S. Fuelberg, ERS executive director. “HumanaDental options provide participants a choice of cost, benefit levels, service and dentists.”
ERS participants will have two choices of dental benefit plans, the HumanaDental Dental Health Maintenance Organization (DHMO) or the State of Texas Dental Choice PlanSM.
Under the HumanaDental DHMO, participants select a network dentist and have no deductibles, no yearly maximums and varying levels of copayments for preventive, basic and major services.
Under the State of Texas Dental Choice PlanSM, employees and retirees may choose any dentist, however, increased benefits will be provided by using dentists in the HumanaDental PPO network.
Individual deductibles per calendar year are $100 and there is a range of coinsurance depending on the type of service and who performs it. The State of Texas Dental Choice Plan has a $1,500 maximum annual benefit and no cost for most preventive services when provided by a network dentist.
“HumanaDental is honored to provide benefit services to one of the nation’s largest and most innovative employee benefit plans,” said Jerry Ganoni, president of HumanaDental. “We believe our plans offer affordable choices of benefits, with service levels that are above industry standards. Our nationwide network of dentists exceeds 125,000 and we are continually expanding to meet our customers’ needs.”
HumanaDental Insurance Company has grown into one of the nation’s 10 largest dental insurance carriers with more than 3.8 million members.
About the Employees Retirement System of Texas (ERS)
The Employees Retirement System of Texas (ERS) oversees benefits administration for State of Texas and higher education employees, retirees and their dependents. Programs include a defined benefit pension plan, a group insurance plan offering health, dental, life and disability, a Section 125 cafeteria plan and a deferred compensation plan offering both 457 and 401(k) accounts.
About Humana
Humana Inc., headquartered in Louisville, Ky., is one of the nation’s largest publicly traded health and supplemental benefits companies, with approximately 10.3 million medical members and 6.8 million specialty members. Humana is a full-service benefits solutions company, offering a wide array of health and supplementary benefit plans for employer groups, government programs and individuals.
Over its 48-year history, Humana has consistently seized opportunities to meet changing customer needs. Today, the company is a leader in consumer engagement, providing guidance that leads to lower costs and a better health plan experience throughout its diversified customer portfolio.
More information regarding Humana is available on the company’s Web site at http://www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases
- Replays of most recent earnings release conference calls
- Calendar of events (includes upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
- Corporate Governance Information
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