HR Policy Association Awards Certification to UnitedHealthcare for Achieving Industry-Leading Transparency Standards

MINNEAPOLIS--(BUSINESS WIRE)--UnitedHealthcare’s internal pharmacy benefit management unit, UnitedHealth Pharmaceutical Solutions (UHPS), has been certified by HR Policy Association for meeting rigorous transparency standards that help employers and their employees make better pharmaceutical purchasing decisions.

The transparency standards were created by HR Policy Association’s Pharmaceutical Coalition, a group consisting of nearly 60 U.S. companies that represent more than 5 million people. The coalition developed the industry-leading transparency standards as part of its Transparency in Pharmaceutical Purchasing Solutions (TIPPS^SM) initiative aimed at helping pharmacy benefit managers improve drug cost transparency in the marketplace. The coalition’s model for certification includes adherence to standards, comprehensive audit and disclosure rights, and effective decision-support tools for consumers.

“We have long believed in and practiced the principles advocated by HR Policy Association, and are proud to have our pharmacy benefit management program certified against their rigorous standards,” said Tim Heady, UHPS CEO. “We look forward to continuing to work with members of HR Policy Association to help them achieve their health care benefit goals and support their employees’ access to the medications they need.”

About HR Policy Association

HR Policy Association is a public policy advocacy organization representing the senior human resource executives of 250 leading employers doing business in the United States. Collectively, its members employ over 12 percent of the U.S. private sector workforce or some 19 million Americans. Due to extreme concern over skyrocketing health care costs in the United States and deficiencies in efficiency and quality, the Association has been working through its public policy agenda and market reform initiatives to address the problems that plague our nation’s health care system.

About UnitedHealthcare

UnitedHealthcare provides a full spectrum of consumer-oriented health benefit plans and services to individuals, public sector employers and businesses of all sizes, including more than half of the Fortune 100 companies. The company organizes access to quality, affordable health care services on behalf of more than 25 million individual consumers, contracting directly with more than 560,000 physicians and care professionals and 4,800 hospitals to offer them broad, convenient access to services nationwide. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified Fortune 50 health and well-being company.