AEP

Humana’s 2024 Medicare Advantage Health Plan Offerings Designed With Affordability, Customer Feedback in Mind

Retrieved on: 
Sunday, October 1, 2023
Health Insurance, Insurance, Other Health, Practice Management, Pharmaceutical, Managed Care, Other Consumer, General Health, Professional Services, Defense, Seniors, Hispanic, Dental, Veterans, Consumer, Health, Benchmark, USAA, Medicare Advantage, Travel, CMS, Depression, Freedom, Centers for Medicare & Medicaid Services, AEP, PPO, HMO, Prescription, Veteran, Research, Multimedia, Pharmacy, Part, Special needs plan, Medicare, Hospital, TTY, Veterans' affairs, Forrester, NYSE, Health insurance, Medicaid, Humana

Leading health and well-being company Humana Inc. (NYSE: HUM) today announced its Medicare Advantage and Medicare Prescription Drug Plan offerings for 2024, informed by extensive research regarding what Medicare-eligible consumers want and need from a plan.

Key Points: 
  • Leading health and well-being company Humana Inc. (NYSE: HUM) today announced its Medicare Advantage and Medicare Prescription Drug Plan offerings for 2024, informed by extensive research regarding what Medicare-eligible consumers want and need from a plan.
  • View the full release here: https://www.businesswire.com/news/home/20231001029987/en/
    Humana, ranked #1 among health insurers for customer experience by Forrester for the third year in a row, has announced its Medicare Advantage plan offerings for 2024.
  • Humana is offering Medicare Advantage plans for the first time in 39 new U.S. counties, expanding cost-effective health plan choices for Medicare beneficiaries.
  • Humana has Medicare Advantage plan offerings in 49 states, Washington, D.C., and Puerto Rico, covering 94% of U.S. counties.

Alterna Equity Partners Announces the Sale of Alterna Capital Solutions to Paychex

Retrieved on: 
Friday, September 29, 2023
Sale, Growth, Small business, ACS, AEP, Financial services, Paychex

FORT LAUDERDALE, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Alterna Equity Partners (“AEP”), a South Florida-based lower middle market private equity firm, today announced the 100% sale of one of its portfolio companies, Alterna Capital Solutions, LLC (“ACS”) to Paychex, Inc. (“Paychex”).

Key Points: 
  • FORT LAUDERDALE, Fla., Sept. 29, 2023 (GLOBE NEWSWIRE) -- Alterna Equity Partners (“AEP”), a South Florida-based lower middle market private equity firm, today announced the 100% sale of one of its portfolio companies, Alterna Capital Solutions, LLC (“ACS”) to Paychex, Inc. (“Paychex”).
  • The sale of ACS represents a successful exit for AEP.
  • AEP founded ACS in 2018 by capitalizing senior management to create a best-in-class accounts receivable financing company.
  • Greenberg Traurig acted as legal counsel to ACS and AEP on the sale to Paychex and Hovde Group served as exclusive financial adviser to ACS on the transaction.

Higher drug plan premiums may hit many Medicare beneficiaries in 2024

Retrieved on: 
Thursday, September 28, 2023
Medicare Part D, Medicare, Medicare Advantage, Part, AEP, Health insurance

Minneapolis, MN, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Based on early indicators, some Medicare beneficiaries may see double-digit increases in their prescription drug premiums and higher out-of-pocket costs in 2024, according to medicareresources.org .

Key Points: 
  • Minneapolis, MN, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Based on early indicators, some Medicare beneficiaries may see double-digit increases in their prescription drug premiums and higher out-of-pocket costs in 2024, according to medicareresources.org .
  • Medicare open enrollment – also known as the Medicare annual election period (AEP) – begins Oct. 15 and closes Dec. 7.
  • It is the time when millions of Medicare enrollees can switch from Original Medicare to Medicare Advantage, or vice versa, and make changes to their Medicare Advantage plans or Medicare Part D prescription drug plans (Part D).
  • This includes dropping or enrolling in stand-alone Medicare Part D prescription drug plans.

Eversource Energy Announces Appointment of Executive Vice President & Chief Operating Officer Paul Chodak III

Retrieved on: 
Monday, September 18, 2023
Energy, Other Energy, Utilities, Maintenance, Executive, Worcester Polytechnic Institute, United States Navy, AEP, Generation, Power, Electricity, United Company, American Electric Power, ICEX: US Navy Mission in Arctic, Wind, Eversource Energy, Chemical engineering, Engineering, Water, Natural gas, Knowledge, Massachusetts Institute of Technology, NYSE, Virginia Tech, Renewable energy, Management, Operation, Public utility, Newsweek

Eversource Energy (NYSE: ES) today announced that Paul Chodak has been elected as Executive Vice President and Chief Operating Officer, effective November 13, 2023.

Key Points: 
  • Eversource Energy (NYSE: ES) today announced that Paul Chodak has been elected as Executive Vice President and Chief Operating Officer, effective November 13, 2023.
  • Chodak has worked at American Electric Power (NYSE: AEP) in Operations roles for 22 years.
  • Previously, he was the Executive Vice President of Utilities and led seven utility companies within AEP’s footprint of 5 million customers in 11 states throughout the U.S. Midwest and Southern regions.
  • As Eversource Energy’s Chief Operating Officer, Chodak will lead the electric transmission and distribution, gas, water, electric engineering and grid modernization, enterprise emergency preparedness, offshore wind project execution, operations services, and safety organizations.

Visionary Futurist, TONOMUS CEO and Tech Innovator Joseph Bradley Joins Shabodi Board of Advisors

Retrieved on: 
Tuesday, September 19, 2023
Wi-Fi, AEP, Pulse, Bradley, API, Application, Growth, Robotics, NEOM, LTE, Management

Bradley's longstanding expertise and illustrious career in the tech sector and as an entrepreneur are an invaluable asset to Shabodi.

Key Points: 
  • Bradley's longstanding expertise and illustrious career in the tech sector and as an entrepreneur are an invaluable asset to Shabodi.
  • A forward-looking innovator and digital humanist, Bradley has harnessed emerging technologies to redefine entire industries and inspire positive change.
  • Ramesh Kaza, President and Chief Commercial Officer of Shabodi, said: "We are excited to welcome Joseph Bradley to the team.
  • Joseph Bradley, CEO of TONOMUS and Shabodi advisory board member, said: "I am absolutely thrilled about the role that I will play in advising Shabodi.

ConnectureDRX Opens New Channels for Value-Based Care Providers to Improve Member Health and Wellbeing

Retrieved on: 
Wednesday, September 6, 2023
Chenming Paper, AEP, Sales & Marketing Executives International, EVP, Conviva, Organization, Patient, Physician, Health, Health insurance, Nursing, Medicare

Through new connections between providers, insurance agents and their members, value-based care provider organizations will be able to drive better patient outcomes, reduce costs by focusing on prevention, and empower members to proactively improve their own health.

Key Points: 
  • Through new connections between providers, insurance agents and their members, value-based care provider organizations will be able to drive better patient outcomes, reduce costs by focusing on prevention, and empower members to proactively improve their own health.
  • ConnectureDRX's value-based care partners include:
    CenterWell Senior Primary Care - Operating under the CenterWell and Conviva brands with nearly 260 centers in 12 states.
  • "CenterWell is driving value-based care forward with what seniors need – better access, better experiences tailored to seniors, and better care," says Vivek Garg, M.D., Chief Medical Officer for CenterWell Senior Primary Care.
  • Working with ConnectureDRX strengthens our efforts to improve patients' experiences and the affordability of their care."

AEP BOARD ELECTS SLOAT CHAIR, NAMES STODDARD BOARD MEMBER

Retrieved on: 
Monday, August 21, 2023
United States Navy, American Civil War Museum, American Electric Power, United, Risk, University, AEP, Institute of Nuclear Power Operations, North Anna Nuclear Generating Station, Nuclear Energy Institute, Electricity, Sloat, American Nuclear Society, Multimedia, Carbon, Indiana Michigan Power Center, Treasury, Stoddard, World Association of Nuclear Operators, Retirement, Dominion Energy, Progress Energy, Knowledge, Health, Safety, Management, Renewable energy, Texas Panhandle, Dominion

COLUMBUS, Ohio, Aug. 21, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has elected Julie Sloat chair of the Board, effective Oct. 2.

Key Points: 
  • COLUMBUS, Ohio, Aug. 21, 2023 /PRNewswire/ -- The Board of Directors of American Electric Power (Nasdaq: AEP) has elected Julie Sloat chair of the Board, effective Oct. 2.
  • In addition, Daniel G. "Dan" Stoddard, retired senior vice president, chief nuclear officer and president of Contracted Assets for Dominion Energy, has been elected to the Board.
  • "We thank him for his innumerable contributions to AEP, and we extend our sincerest congratulations as he transitions to his next chapter."
  • Sloat, 54, was named AEP president in August 2022 and became chief executive officer Jan. 1, 2023.

INVENERGY-LED CONSORTIUM COMPLETES PURCHASE OF AMERICAN ELECTRIC POWER'S UNREGULATED RENEWABLES PORTFOLIO

Retrieved on: 
Wednesday, August 16, 2023
Private, Sustainable finance, Canada, Partnership, Financial adviser, American Electric Power, Sabadell, AEP, Bayerische Landesbank, PTC, Invenergy, Banco Sabadell, IRA, CaixaBank, CDPQ, Wind, Blackstone, Banc of America Securities (1998–2008), Inflation, Transferability, Bank of America, Acquisition, NatWest, CFO, Growth, Inflation Reduction Act of 2022, Bank, Export Development Canada, MetLife, Norddeutsche Landesbank, ICBC, MetLife Inc. v. Financial Stability Oversight Council, Renewable energy, S.A

CHICAGO, Aug. 16, 2023 /PRNewswire/ -- Invenergy, the leading privately held developer, owner, and operator of sustainable energy solutions, today announced IRG Acquisition Holdings (IRGAH), a partnership between Invenergy, CDPQ and funds managed by Blackstone Infrastructure Partners (Blackstone), has closed on the acquisition of American Electric Power's (AEP) 1,365-megawatt (MW) unregulated, contracted renewables portfolio for $1.5 billion enterprise value.

Key Points: 
  • "Invenergy has industry-leading operations and asset management capabilities, and we look forward to applying our unmatched expertise to this portfolio of projects."
  • The portfolio, the largest ever acquisition for American-led Invenergy, includes 14 projects in 11 states and is comprised of 1,200 MW of wind generation and 165 MW of solar projects.
  • The renewable power generated by these projects is contracted under long-term agreements with various utilities, corporations, and municipalities.
  • "We are excited to support this transaction with Invenergy and their partners in IRG Acquisition Holdings.

AEP COMPLETES SALE OF UNREGULATED RENEWABLES ASSETS

Retrieved on: 
Wednesday, August 16, 2023
American Electric Power, Partnership, AEP, Tax, Electricity, Multimedia, Invenergy, Carbon, Sale, CDPQ, Wind, Committee, Indiana Michigan Power Center, Federal Energy Regulatory Commission, Foreign investment, Committee on Foreign Investment in the United States, Citigroup Global Markets Japan, Renewable energy, Texas Panhandle

"This sale is part of our strategy to streamline and de-risk the business and focus on our regulated operations," said Julie Sloat, AEP president and chief executive officer.

Key Points: 
  • "This sale is part of our strategy to streamline and de-risk the business and focus on our regulated operations," said Julie Sloat, AEP president and chief executive officer.
  • The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.
  • J.P. Morgan served as lead financial advisor and Citigroup Global Markets served as financial advisor to AEP for this transaction.
  • AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide.

AEP RECOGNIZED AS ONE OF THE BEST COMPANIES TO WORK FOR

Retrieved on: 
Tuesday, August 1, 2023
Workforce, American Electric Power, AEP, Electricity, Best, Multimedia, Carbon, U.S. News & World Report, Indiana Michigan Power Center, James Menendez, Russell, Glassdoor, Growth, Russell 1000 Index, News, Renewable energy, Texas Panhandle

COLUMBUS, Ohio, Aug. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the 2023-2024 Best Companies to Work For by U.S. News & World Report.

Key Points: 
  • COLUMBUS, Ohio, Aug. 1, 2023 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was named one of the 2023-2024 Best Companies to Work For by U.S. News & World Report.
  • Only public companies in the Russell 1000 index as of June 2022 that had a minimum of 75 U.S.-based Glassdoor reviews in 2022 were considered.
  • The companies were then evaluated on their public data related to the metrics and selected based on the scores they received.
  • We're proud to be recognized as one of the best companies to work for in America and will continue to create a dynamic company culture that encourages collaboration, inclusion and growth."