Employer Interests: PHC was founded in 1995 to represent the interests of employers in purchasing health benefit services. PHC continually evaluates new opportunities to assist employers in better managing their health plans. PHC is an independent non-profit organization governed by it member employers.
Costs are substantially better than regional or national averages: According to Mercer's National Survey of Employer-Sponsored Health Plans, employers averaged spending $10,779 per employee in 2013. PHC's membership was $8,710 per employee - roughly $2,000 per employee better than the Mercer's national average. Since its inception in 1995, PHC has saved its member companies $73.4 million dollars.
Hospital Pricing: PHC holds aggressive contracts (utilizing financing structures and market incentives) with regional health systems that are significantly better than those of commercial carriers.
Competitive Excess Loss Carriers: PHC clients access several competing Excess Loss carriers with each renewal. PHC Clients receive preferred rates and claim factors through ACS Benefit Services' Excess Loss providers.
Independent Administration: ACS Benefit Services is a preferred third-party administrator (TPA) for PHC. This independent TPA provides exceptional customer services and maintains system protocols to better manage health expenditures.
Prescription benefit: PHC negotiated a contract with ProCare Rx to further provide employer savings via transparent pricing. Employers also attain savings from: ingredient costs, dispensing fees and plan design. The employer maintains the flexibility with formulary listing options, step-therapy, mail-order strategies and financing alternatives with copayments, coinsurance, etc.
Community Initiatives for Disease Management: PHC facilitated analyses that lead its membership to expand preventative and chronic disease services. Two diseases (diabetes and cardiovascular disease) were managed under this program that improved health status - attaining clinical targets pertaining for hemoglobin A1C, weight management, lipid management and exercise programs.
Vision: PHC provides a voluntary vision benefit through Superior Vision Services, Inc. Many employers find this to be an inexpensive strategy to enhance their group's benefit plan.
Employer Educational Programs: In 2000, PHC expanded its employer educational programs sponsoring an Annual North Carolina Employers' Summit on Health. National industry leaders address contemporary topics and programs impacting employers and medical providers.
Legislative / Regulatory Updates: PHC provides its membership with regular updates on matters impacting self-funded group health plans. PHC's affiliation with the National Business Coalition on Health in Washington, D.C. supports this service.