CUNA Mutual, Humana Team Up Medicare Suite

BOSTON–Through a partnership with Humana, CUNA Mutual has rolled out a suite of products to serve members eligible for Medicare.The company said the new product line is aimed at helping credit unions retail Baby Boomers who are retiring, a group that often fades as active members upon retirement. Credit unions have approximately 24-million members over age 55.The Medicare Suite will be offered this year through CUNA Mutual's MemberCONNECT distribution channel. Targeted members of participating credit unions will be able to take advantage of the remaining 2009 enrollment period for the Medicare product, which is Nov. 15 through Dec. 31.While 45-million Americans are currently covered by Medicare, the coverage does not cover numerous, large, out-of-pocket expenses, and the new suite is designed to help fill that gap. CUNA Mutual announced the new Medicare plan during CUNA's America's Credit Union Conference here.