PRIA Program Delivers $255K Surplus to Public Entity
PRIA, in conjunction with Benecon and United Healthcare, runs a health insurance consortium called the Florida Governmental Healthcare Solution (FGHS). The FGHS is open to all Florida public entities. Tiffany Bonner’s customer, the Washington County Board of County Commissioners in Florida’s Panhandle, received a $255,209 surplus return this year for unused claims dollars for their 2018-2019 plan year. Instead of insurance carriers retaining any unused funds as profit, PRIA’s FGHS returns these funds directly to its members. Statewide, PRIA’s FGHS consortium members will receive nearly $1,000,000 in surplus returns in 2020.
(Photo: Tiffany Bonner presents surplus to Washington County Board of County Commissioners)