Priority Health earned more than $137 million across all business segments in 2018, led by strong growth in the bottom line at its core HMO business.
Joan Budden looks at 2019 as a year to keep pushing for greater affordability and accessibility in health care. The president and CEO of Grand Rapids-based health plan Priority Health welcomes the greater attention and scrutiny that arose in 2018 for prescription drug costs that are becoming a major cost burden for health insurers and employers. She expects the trend to greater price transparency and consumerism to further take hold for the industry in 2019.
Health care goes into 2019 facing many of the same issues and trends that have been driving industry change in recent years: the movement to value-based contracting, more use of telemedicine, growing concerns about cybersecurity, and greater price and cost transparency for consumers.
Two trade groups debuted a new association health plan for Michigan small businesses as employers prepare to enter the annual open enrollment period for 2019 health insurance policies.
The association health plan created by two trade groups representing small businesses in Michigan offers a new option for employers to consider for their employee health benefits.
Federal rules issued this summer widen an avenue for small businesses to offer employee health benefits by making it easier for them to unite to form an association health plan.
Before Spectrum Health grew into what it has become today, Rick Breon first had to tackle a fundamental issue that he saw standing in the way: culture.
LANSING — The Michigan Retailers Association wanted to offer its members a way to keep good employees in an industry that frequently struggles with high turnover.
Health insurance premiums for many small employers would dip in 2019 under rate proposals filed with state regulators.
Spectrum Health’s potential acquisition of Lakeland Health could possibly provide a boost for Priority Health to pick up business in the Southwest Michigan market.