Prime Therapeutics

2900 Ames Crossing Road, Eagan, MN 55121

For more than 20 years, Prime Therapeutics (Prime) has been making health care work better by helping millions of people get the medicine they need to feel better and live well. Formed in 1998 by two Blue Cross and Blue Shield plans, Prime has grown steadily to become the partner of choice for 19 Blue Plan owner clients. This unique ownership structure means Prime is committed to the health of its members, the more than 33 million people Prime serves through health plans, employers and government programs (i.e., Medicare and Medicaid). People feel and live better when care and medicine work together. Prime’s daily mission is to unlock the potential of integrated drug management solutions, and this focus means Prime enables the right care for each person, with the right medicine, at the right time and place. Prime isn’t like other pharmacy benefit managers (PBMs), with millions of shareholders; it’s owned by the clients it supports — 19 not-for-profit Blue Plans that serve state and regional markets. Through this unique relationship with its Blue partners, Prime provides integrated drug management solutions across both medical and pharmacy benefits.

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3.3

Overall Excellence Rating

Industry

Insurance Brokers & Agencies

Category

Insurance Carriers

ESG/Ethical Impact

The company may encourage environmentally friendly prescription disposal and work with pharmaceutical manufacturers to reduce waste. Additionally, Prime Therapeutics may implement eco-friendly practices within its own operations, such as reducing paper usage and promoting telecommuting. Prime Therapeutics places a strong emphasis on its social impact by providing essential pharmacy benefits management services that help individuals and communities access affordable and high-quality medications. Prime Therapeutics upholds strong governance practices that prioritize transparency, ethical behavior, and regulatory compliance within the healthcare industry. The company adheres to strict ethical standards in its operations, contributing to the integrity of the industry and building trust among clients, regulators, and stakeholders.

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Awards Received

2023

Revenues

$1,400,000,000.00

Website Traffic

Employee Rating

3.2

Customer Rating

4

Company Size

1000-5000

ESG Risk Rating

3

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