Priority Health, HMA partner to launch TPA solution for self-funded employers
(GRAND RAPIDS, Mich. — October 28, 2024) Priority Health, a nationally recognized nonprofit health plan serving more than 1.3 million members, and Healthcare Management Administrators, Inc. (HMA), a leading third-party administrator (TPA), have entered a strategic alliance to offer a new solution for Michigan-based, self-funded employers, starting January 1, 2025.
The new TPA solution is designed to give employers access to Priority Health’s comprehensive provider network, while empowering them to customize their health plan to best meet their employees’ needs. HMA’s self-funded industry expertise and people-forward approach drive savings and address a variety of employer needs. The solution is ideal for self-funded employers with more than 100 employees.
“We know Michigan employers are looking for more flexibility and vendor choice when it comes to designing their self-funded benefits package, which is why we're pleased to team up with HMA to offer a solution that allows employers to leverage the power of the Priority Health network with HMA’s leading TPA model,” said Rick Abbott, senior vice president of Employer Solutions at Priority Health. "HMA is an industry leader and we’re glad to partner to bring their best-in-class approach to Michigan employers."
The new solution directly addresses the health care concerns of employers, including limited plan customization options and rising costs. It gives employers greater flexibility to design health care plans that meet their employees' needs.
“We are excited to partner with Priority Health to introduce a new self-funded solution to the Michigan market that helps employers gain access to a robust network while protecting two of their greatest assets: their people and their health plan dollars,” said Aadam Hussain, president and CEO of HMA. “Our dedicated team at HMA is focused on collaborating with employers to create affordable benefits that prioritize member satisfaction, savings and high-quality care.”
Employers that choose this solution will benefit from the dedicated, local support of the Priority Health client experience team and decades of self-funding expertise from HMA. The solution is available through select Michigan brokers.
About Healthcare Management Administrators:
HMA is Proving What's Possible in Healthcare®. HMA’s team of caring experts design and deliver high-quality, innovative, and affordable health plans for self-funded employers. They are the value-oriented partner employers trust to protect two of their most important assets, their people and their health plan dollars. With nearly 40 years of industry experience and a team of proactive, highly skilled professionals, HMA helps employers improve their bottom-line. This is what HMA calls "Winning Together" because they’re on the same side and share the same goals – healthier outcomes for members at the best possible value. To learn more, visit accesshma.com or follow HMA on LinkedIn.
About Priority Health:
With over 30 years in business, Priority Health is the second largest health plan in Michigan, offering an extensive portfolio of health benefits options for employer groups and individuals, including Medicare and Medicaid plans. Serving more than 1.3 million members each year and offering a broad network of primary care physicians in Michigan, Priority Health continues to be recognized as a leader for quality, customer service, transparency and product innovation. Learn more about affordable, quality health coverage options from Priority Health.