PRIORITY HEALTH

Programs

1. Priority Health hmo:Priority Health is an integral part of corewell health, an integrated not-for-profit health system serving communities throughout michigan. Priority Health's mission, led by its community board, strives to return value to the communities served beyond the provision of health care to its members. Priority Health has built a long history of offering michigan employers and individuals progressive products and innovative programs intended to keep costs down and members healthy. Its broad portfolio of products and services includes traditional medical plans as well as hsa's, hra's and other consumer-driven products. Priority Health has consistently maintained accredited status with a 4.5 out of 5 star rating for its hmo products from the national committee for quality assurance (ncqa), an independent managed care accrediting body. Priority Health has also maintained an "a" (excellent) financial strength rating for seven consecutive years from a.m. Best, a health insurance ratings agency, recognizing the financial strength of the organization and focus on managing the cost of health care for its community.in early 2020, Priority Health became the sole member of total…

   $2,953,508,920 spent$2,974,708,343 earned by the program
   51% of program spending

2. Priority Health senior markets (medicare advantage and medicare supplement):Priority Health began offering medicare advantage plans in july 2005 and medicare advantage plans with prescription drug coverage in january 2006. Its medicare advantage plans vary in price based on where members live and what benefits they need. More than 251,500 michiganders have a Priority Health medicare advantage plan, and nearly 17,500 chose a Priority Health medicare supplement plan, also known as medigap. As a result of Priority Health's work with the community and dedication to delivering high quality coverage, its medicare advantage hmo-pos and ppo plans were accredited with the national center for quality assurance (ncqa), with our hmo-pos plans earning a 4.5 rating out of 5. Priority Health's medicare advantage plans with prescription drug coverage were also awarded 5 out of 5 stars by the centers for medicare and medicaid services (cms). The medicare star ratings indicate how well a health plan performs overall; the better the star rating, the higher quality care and experience is delivered. Of the 42 quality and improvements metrics used to determine our overall quality rating of 4.0,…

   $2,854,572,407 spent$2,875,061,692 earned by the program
   49% of program spending

3. Priority Health wellness:prevention and wellness have been the foundation of Priority Health's approach to health care. Priority Health provides wellness tools and resources via an online wellbeing platform within its commercial standard health plans. It also offers a standardized, best-in-class wellbeing engagement program named prioritywell to empower their employees to pursue healthier lifestyles. In addition to the health plan offerings, Priority Health participates in, and sponsors, wellness programs for the community at large to improve the health of all people, not just members.Priority Health's wellness programs address the overall wellbeing of its members. Employers are able to support the overall wellbeing of their employees and improve engagement, satisfaction and productivity, ultimately resulting in improved talent retention and a healthier workforce. Priority Health partners with employers to help them deliver targeted, smart programs that effectively improve employee physical and emotional health while also improving workplace morale and reducing overall health costs with a personalized wellbeing approach. Additionally, disease prevention and intervention programs…

   $2,774,344 spent$2,794,258 earned by the program
   0% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,810,855,671.