So much for all you doomsdayers who swore the program was being closed the first quarter of 2018. Seems my info was spot on about it continuing, just on a smaller scale.
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As one who got the news of layoff—with Humana- more layoffs, less benefits for members, and bigger wallets for the higher up in executive positions. And no they don’t give a sh-- about the employees or the members just as long as they are getting their BIG piece of the pie.
3bdo - if Non clinical associates calling members doesn’t add to savings, why are they keeping phc’s?
When hah first started, how many CMs and hcmss were there’s?
Hah was a victim of its own early success. They over expanded and diluted out the value and savings of the program. Non clinical people Callin people quarterly on a rote schedule was not adding any savings. The model was too complicated and it needed to change. It’s s good thing and it can be successful again.
There are MANY 401K options!
That poster was being sarcastic.
Sorry...money, not mo Ray
@1ipg....all we have heard is scaling back. If you have definite news it’s closing please share it, because your comments arent making sense....and I’m sure the person hired is making much more than 75k....and, for the other poster, if your mo Ray is in the Schwab 401 k option, none of the monies are in humana stock in their diversification options
Below poster, nobody is saying that. Most agree that HAH continues, the degree to which it continues to scale down remains unknown.
Most here - and on this site in general - seem to agree that a smaller HAH continues until told otherwise.
Yeah, I'm quite sure Humana hired a director of strategic planning for HAH at about $75k a year or more just to mess with us. It's their grand plan to lull you into a false sense that HAH will continue all while they plan to shut us down in January.
Why would you have Most of your 401k in one thing? Whether it's Humana stock of a different mutual fund, it's really bad financial strategy to put most of your money in one thing! Haven't you heard of diversification? With that being said, you might come out ahead if we are bought out. I highly recommend you speak with a financial planner
Most of us have a large percentage of our 401K's in Humana Stock, what would that mean for us?
Humana is priming itself for a takeover/merger. It's trying to get leaner. Everything is now to that end. It's not about the members or employees or saving programs. It's about creating the leanest cost efficiency to find a buyer. Cash out stocks for the suits.
I think this was simply an “I’m right and you’re wrong” post for OP.
You are right below poster, it’s not reassuring. Nothing about this year has been reassuring.
And why are you posting this as if it is reassuring? HAH continuing on a smaller scale still means more employees lose their jobs.
I was waiting for that post, last poster. You took longer than expected.
Sorry, it really means nothing that they hired a strategic planner for HAH at this point. They tired to reassure everyone with “look, we’re hiring” all summer long, then turned around in November and let most of them go. Nothing is stable in this company except the executives looking out for themselves and loading their own pockets. Many of us didn’t even get a raise this year.
HAH may go on in some form, but as others have said, likely very scaled back. Will just have to wait and see come 1st quarter.
First hand info is more than welcomed (we get nothing from leaders) I think at this point we are relying on those that have been privy to information first hand, come on here (yes, not everything is 100%, but close enough), and the articles in the business world. Sad we have to do that! Heck, we were not told employees were working their last day (RN HCM) until quitting time last Wednesday and it was a quick IM in group chat and email. Also, we were given new members on Monday, which is nice, but they are recycles and will more than likely go to Monitored. Who knows if another acquisition is granted where that will lead. Just glad I have an interview in the works elsewhere!
I haven’t read every post on this site, so maybe I missed that, but it seemed the message being touted here was that HAH was headed for more change, not total discontinuation.
I’m sure there are folks in panic mode after everything 2017 has brought us, but the more moderate prediction - that change was inevitable and the size of the program going forward would depend on open enrollment- seems to be the prevalent “rumor” I’m hearing.
Agreed I said the same thing. I had first hand information!