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Humana Foundation Commits $50M to Coronavirus Relief and Recovery Efforts

Donnerstag, 30.04.20 11:00
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LOUISVILLE, Ky. –

The Humana Foundation, philanthropic arm of Humana Inc. (NYSE: HUM), today announced it will deploy $50 million in immediate short-term and long-term relief and partner with national and community service organizations to help those disproportionately impacted by the COVID-19 health crisis. The commitment, the largest in the Foundation’s 38-year history, will be split between organizations that support essential workers, food security, behavioral health and community-based organizations (CBO).

The Humana Foundation will distribute $34 million of the $50 million commitment to the immediate short-term response efforts of service organizations on the frontlines of the COVID-19 health crisis. These service organizations and response efforts include support for:

  • Essential workers: Funds will go toward free and charitable health care clinics led by volunteer family physicians, as well as personal protective equipment (PPE) and other necessary equipment and services for those working on the front lines, including care providers, clinicians and nurses. Funding will also support the financial and employment development needs of other low wage essential workers, including home health and personal care aides and those working in public transportation, grocery store operations, manufacturing plants and homeless shelters. Partners include the American Nurses Foundation, Center for Disaster Philanthropy, Louisville Urban League, National Domestic Workers Alliance and One Fair Wage.
  • Food security: Regional food banks, delivery services and pantries across the country are experiencing increased demand for basic food needs. Funds will help to sustain food bank operations and expand food resources to families nationwide. Increasing access to nutritious food lays a stronger foundation for healthy communities. Partners include Feeding America, Meals on Wheels and Share Our Strength.
  • Behavioral health: Due to the uncertainty surrounding the novel coronavirus, experts are predicting people may feel increased levels of loneliness, anxiety, depression and substance abuse. Financial support in this area will help behavioral health organizations sustain their work helping young children and families manage mental hardships during this trying time and into the future. Support will also fund a national initiative to expand use of digital health technology to older Americans. Partners include Older Adults Technology Services and Volunteers of America.
  • CBOs: Community-based organizations are facing a greater strain, both financially and operationally, as their local communities deal with new challenges. Funds will provide financial assistance to nonprofit organizations in partnership with community foundations in Humana’s Bold Goal communities.

The Humana Foundation will distribute $16 million of the $50 million commitment to long-term recovery and rebuilding support for service organizations helping battle COVID-19. These partnerships will focus on food security needs, holistic behavioral health services and supporting CBOs in their efforts to address intentionally social determinants of health needs in local communities across the country. Partnerships include March of Dimes and Federally Qualified Health Centers.

“As the COVID-19 health crisis continues throughout our country, it is exposing daily challenges for Americans, and many are struggling,” said Bruce D. Broussard, Chairman of the Board of The Humana Foundation. “With this funding, we will help individuals and communities address immediate needs related to health care, food and employment. And, long term, these resources will serve as a catalyst in building capabilities and community resiliency, and ultimately sustainable, long-term success.”

To find out more about this donation, along with other ways in which The Humana Foundation is working to improve and sustain positive health outcomes, go to www.humanafoundation.org.

About The Humana Foundation

The Humana Foundation was established in 1981 as the philanthropic arm of Humana Inc., one of the nation’s leading health and well-being companies. Located in Louisville, Ky., the Foundation seeks to co-create communities where leadership, culture, and systems work to improve and sustain positive health outcomes. For more information, visit humanafoundation.org.

Humana and the Humana Foundation are dedicated to Corporate Social Responsibility. Our goal is to ensure that every business decision we make reflects our commitment to improving the health and well-being of our members, our employees, the communities we serve, and our planet.

About Humana

Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.

To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience that makes health care easier to navigate and more effective.

More information regarding Humana is available to investors via the Investor Relations page of the company’s web site at www.humana.com, including copies of:

  • Annual reports to stockholders
  • Securities and Exchange Commission filings
  • Most recent investor conference presentations
  • Quarterly earnings news releases and conference calls
  • Calendar of events
  • Corporate Governance information

 



Quelle: Business Wire




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