Humana joins forces with USAA for new co-branded MA plan for veterans

Humana is joining forces with USAA to launch a new plan that aims to complement the care veterans receive through the Deparment of Veterans Affairs (VA).

The co-branded Humana USAA Honor plan will be available in eight states for Medicare beneficiaries and aims to make it easier for veterans to access prescriptions and pharmacies closer to home and outside the VA system if they choose. The plan is available across Pennsylvania and in select markets in Texas, Michigan, Ohio, Indiana, Arizona, California and Hawaii.

Humana first launched its Honor plans for veterans in 2020, and the new co-branded plan is the first to include prescription coverage, the insurer said. 

“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, in the release. “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 plan also includes a $0 monthly premium as well as a monthly Part B premium "giveback" into the members' Social Security checks. Enrollees will not have to pay a copayment for prescriptions in tier 1 and will pay fewer copays for tier 2 drugs at in-network facilities for a one-month supply, with no deductible.

The plans also include a USAA Flex Card that can be applied to hearing, vision and dental services in certain markets along with preventive dental coverage for two annual cleanings and $1,000 to cover other dental bills, Humana said.

“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.”

Medicare's annual enrollment begins Saturday and runs through Dec. 7.