News - ScripNet PBM - 'Best Places to Work'- Business Ins Mag 2009 Award
Submitted by: ProAmericas Marketing & Media Relations
2009-10-19 00:01:39
ScripNet wins prestigious Insurance Industry award based on input from their employees, open management policies, profit-sharing and exceptional benefits.
Las Vegas, NV (OPENPRESS) October 19, 2009 -- ScripNet, a Las Vegas based nationwide pharmacy benefit manager (PBM) who contracts with workers' compensation insurance carriers and pharmacies to make prescription medications available to injured workers, has been awarded one of the "Best Places to Work in Insurance" in 2009 by Business Insurance Magazine, and the only PBM to receive this award.
'Best Places to Work in Insurance' was a joint effort of Business Insurance Magazine and the Harrisburg, Pa.-based Best Companies Group, and was open to all publicly or privately held insurers, agents and brokers with at least 25 employees working in the United States and serving the commercial lines market.
The assessment was a two-part process. Part 1—responsible for 75% of a company's score—involved a confidential 76-question employee engagement and satisfaction survey, used to evaluate employees' workplace experience and the company culture. The second part of the assessment—responsible for 25% of a company's score—was an employer questionnaire, which collected information about each company's employee benefit programs, employment policies, practices and other general information.
The award follows a 2008 'Best Places to Work in Small Business' Award by the Southern Nevada Human Resources Association. ScripNet is also a three time winner of the Inc. 5000.
"We are very proud to receive this prestigious award, recognizing ScripNet as one of the best companies to work in the Insurance Industry," said Dennis Sponer, President and CEO of ScripNet. "I attribute our 12 years of successful operations to the teamwork of our employees. Competitive salaries and good benefits are certainly important, but allowing employees to be informed, to ask questions, to provide input to decisions, and to contribute to the success of the organization are key."
Years ago ScripNet instituted a profit-sharing program to make sure that everyone's efforts were rewarded. Now, fifteen percent of ScripNet's profits are bonused to staff on a quarterly basis. ScripNet has a diversified staff and believes in training and promoting from within, supported by numerous levels of employee training and professional development.
About ScripNet
ScripNet is one of the fastest growing pharmacy benefit management (PBM) companies in North America, providing PBM services to over 2,000,000 employees through pharmacies in all 50 states. ScripNet electronically processes prescription drug claims for workers' compensation, which allows insurance carriers, large self-insured companies, municipalities, managed-care organizations, and third-party administrators to participate in better cost control and increased efficiency for pharmacists, and offers more convenience for injured workers. ScripNet offers a drug utilization review program that improves patient care, reduces fraud and abuse, and cuts administrative expense. ScripNet is a three time winner of Inc. Magazine's annual listing of the 500 fastest growing privately held companies in the nation. More information can be found at www.scripnet.com
ScripNet Media Contact:
Mark Rieger
ProAmericas Marketing & Public Relations for ScripNet
markr@proamericas.com
303-520-4524
