NewswireToday - /newswire/ -
Las Vegas, NV, United States, 2010/08/02 - ScripNet wins prestigious insurance industry award based on employee benefits, policies, engagement and satisfaction.
ScripNet, a Las Vegas based nationwide pharmacy benefit manager (PBM) that contracts with workers’ compensation insurance carriers and pharmacies to make prescription medications available to injured workers, has been awarded “Best Places to Work in Insurance” in 2010 by Business Insurance Magazine This is the second year in a row that ScripNet has received this recognition.
“We are very proud to receive this prestigious award, recognizing ScripNet as one of the best companies to work for in the Insurance Industry,” said Dennis Sponer, President and CEO of ScripNet and his wife, business partner and operations manager, Jennifer ‘Jae’ Sponer. “We attribute 13 years of success to our employees. Job stability, good benefits and competitive salaries are only part of the equation. Informing employees and letting them input to and participate in business decisions, generates the biggest rewards.”
‘Best Places to Work in Insurance’ is a joint effort of Business Insurance Magazine and the Harrisburg, Pa.-based Best Companies Group and is 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.
Best Companies Group conducts a simple yet thorough company assessment. The assessment is a two-part process designed to gather detailed data about each participating company. Part 1 is the Employer Benefits & Policies Questionnaire, where important information is captured about company policies, practices and demographics. Part 2 is the Employee Engagement & Satisfaction Survey. The results are analyzed and categorized according to 8 Core Focus Areas: Leadership and Planning, Corporate Culture and Communications, Role Satisfaction, Work Environment, Relationship with Supervisor, Training and Development, Pay and Benefits and Overall Engagement.
ScripNet has a diversified staff and believes in promoting from within, supported by numerous levels of employee training and professional development. Early in its history, ScripNet instituted a profit-sharing program to make sure that everyone’s efforts were rewarded. Now, fifteen percent of ScripNet’s profits are shared with the staff on a quarterly basis.
ScripNet (scripnet.com) 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.