Priority Health

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Priority Health Managed Benefits’ chief concern is its members’ wellbeing. A subsidiary of Spectrum Health, the health insurance provider serves some 600,000 members throughout the state of Michigan. The company offers managed care plans to about 11,000 employer groups; it also provides individual coverage. It contracts with a network of some 100 acute care hospitals and more than 12,000 health care providers, including primary care doctors and specialists. Health plan offerings include HMO, POS, PPO, Medicaid, and Medicare plans. Priority Health also offers health savings accounts (HSAs) and provides administrative services for companies with self-funded plans.

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4.1

Overall Excellence Rating

Industry

Insurance Brokers & Agencies

Category

Insurance Carriers

ESG/Ethical Impact

Priority Health focuses on energy-efficient practices in its facilities, including the use of energy-efficient lighting, HVAC systems, and energy-saving technologies to reduce its carbon footprint. The company promotes waste reduction and recycling programs in its offices to minimize its environmental impact. Priority Health plays a crucial role in improving healthcare access and affordability by providing insurance coverage and health services to individuals and families. It works to ensure that healthcare is accessible to all its members. Priority Health places a strong emphasis on member well-being by offering comprehensive healthcare plans, wellness programs, and digital health resources to support healthier lifestyles. Priority Health emphasizes ethical behavior and compliance with regulatory standards in its operations. It has implemented strong governance and risk management processes to ensure transparency and accountability. Priority Health engages with stakeholders, including shareholders, on ESG matters, and discloses its efforts and progress in its annual reports and sustainability disclosures. Priority Health’s ESG sustainability initiatives demonstrate its commitment to addressing environmental challenges, fostering social responsibility, and maintaining strong governance practices within the healthcare insurance industry. The company recognizes the importance of sustainability in its business operations and aims to create long-term value for its stakeholders while contributing positively to society and the environment.

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Awards Received

2023

Revenues

$6,210,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

4

Company Size

1000-5000

ESG Risk Rating

3

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