Business Services Industry
Ken Garff Automotive Group Selects Humana to Provide Health Benefits Coverage for Its Utah Employees
Business Wire, Dec 10, 2007
SALT LAKE CITY -- Ken Garff Automotive Group, one of the largest and most-recognized dealer groups in Utah, has selected Humana (NYSE: HUM) to provide health benefit coverage for its 1,800 Utah employees and dependents, effective January 1, 2008.
The agreement between the dealership group and Humana was brokered by Jeana Hutchings and Sean Oliver of Diversified Benefit Services Group of Salt Lake City.
Ken Garff Automotive Group began as a single-car dealership in downtown Salt Lake City in 1932, and has grown to include over 25 new and used vehicle locations throughout the state. The company has dealerships located in Salt Lake City, Murray, West Valley City, Taylorsville, Orem, Ogden, American Fork, Lehi, Sandy, and St. George. Additionally, the company has recently begun out-of-state acquisitions and now has four dealerships in Houston, Texas, four in Des Moines, Iowa, as well as a Toyota Dealership in Richmond, Indiana.
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Humana will provide benefits through a preferred provider organization (PPO) product initially to Ken Garff's Utah employees only, and will look to expand to the Ken Garff out-of-state markets in 2008.
"There is no greater benefit to an employee than affordable, comprehensive health care," said Kim Lindsey, Human Resources Manager for Ken Garff. "We are a very progressive company in providing health benefits coverage to include a wellness program for our employees with health assessments, biometric testing and nurse coaching.
"Humana came to the table with years of experience working with businesses and demonstrated a clear understanding of the challenges that face business owners," Lindsey said.
"We at Humana are pleased to have been selected to provide health benefits for one of Utah's largest employers," said Earl F. Hurst, president of Humana of Utah. "We share Ken Garff's belief in wellness as an essential component of any health benefits program."
Humana will provide Ken Garff employees with a variety of wellness, clinical and care management programs, including Humana's innovative Personal Nurse service, as well as online resources to help consumers make educated and confident health care buying decisions.
"Humana believes one of the best ways a business can control its health care costs is for its employees to become savvy health care consumers," Hurst said. "Humana is an industry leader when it comes to 'consumerism' in health care, and working with employers to help their employees find ways to keep their health costs in check."
In Utah, Humana's product portfolio includes traditional health care products and consumer-choice offerings including high-deductible health plans with health savings accounts, its HumanaOne individual coverage, dental and life products, and numerous Medicare products including Medicare Advantage plans that combine health and drug coverage, and stand-alone prescription drug plans.
About Ken Garff Automotive Group
Ken Garff founded his business in 1932 upon the principles of honesty and integrity, personalized customer service and being a good corporate citizen. These ideals fueled Ken's success as he earned new car franchises such as Oldsmobile and Studebaker.
Today, these same ideals are at the very cornerstone of this third generation business and the reason why consumers rate the Ken Garff Automotive Group as the Most Preferred Dealer in the State of Utah according to a January 2004, Dan Jones survey.
The Ken Garff Automotive Group is now associated with 45 new car franchises, 5 used car stores and 7 collision repair centers located at 44 different locations throughout Utah, and in Nevada, California, Texas, Iowa, and Indiana. The Ken Garff Automotive Group also has business interests in insurance, warranties, real estate, and ecommerce companies.
About Humana
Humana Inc., headquartered in Louisville, Kentucky, is one of the nation's largest publicly traded health benefits companies, with approximately 11.3 million medical members. Humana offers a diversified portfolio of health insurance products and related services - through traditional and consumer-choice plans - to employer groups, government-sponsored plans, and individuals.
Over its 46-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 to investors via the Investor Relations page of 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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