Insperity (NSP), UnitedHealthcare Enter Amended Medical Coverage Contract

November 1, 2016 7:32 AM EDT

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Insperity, Inc. (NYSE: NSP) announced an amendment to its contract for medical coverage with UnitedHealthcare, a UnitedHealth Group company (NYSE: UNH). The contract, which extends through 2019, was amended in recognition of Insperity’s sustained growth exceeding previous volume targets sooner than expected. This amendment allows for this successful 15-year relationship to continue the ongoing commitment of both companies to focus on controlling health care costs and providing the best health care solutions in the marketplace to the small and medium-sized business clients of Insperity.

“We are excited to announce this contract amendment and our ongoing partnership with UnitedHealthcare focused on controlling health care costs and improving health care quality across the country,” said Richard G. Rawson, Insperity president. “This amendment is a result of the accelerated growth we have experienced over the last couple of years combined with our ongoing strategic relationship with UnitedHealthcare.”

Insperity has partnered with UnitedHealthcare as its leading health insurance carrier since January 2002. The majority of Insperity’s corporate and worksite employees have health coverage with UnitedHealthcare.

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