New Health Care Provider Network Available in Austin, Texas
The Principal Financial Group offers comprehensive care, competitive price
February 8, 2010 (Des Moines, IA) - The Principal Financial Group® introduces Principal Edge NetworkSM, a proprietary health care provider network now available in Austin, Texas. The network helps employers achieve significant discounts while providing members extensive access to local physicians and hospitals.
"Everyone is watching their health care dollars more closely these days, which is why we're excited to introduce Principal Edge Network to Austin. By building our own network, we're able to give our members quick and easy access to many of the area's most prominent physicians and facilities," said Philip Martin, president Principal Edge Network, Texas.
Principal Edge Network is available to current and future health insurance customers beginning March 1, 2010. Competitive discounts with physicians, specialists and facilities allow Principal Edge Network to offer cost-effective access to a complete range of health care services and levels of care.
"The network is an extension of our commitment to providing quality health insurance and excellent service for members, employers and health care providers. We look forward to continually expanding the network to new areas throughout the state," said Martin.
Health insurance coverage from Principal Life Insurance Company allows employers to better control rising health care costs, while employees benefit from a member-focused approach. Online tools and resources guide employees in navigating their health coverage and making more informed decisions about their health care.
Key service features of coverage through Principal Life include:
- Prompt claim payment with a track record of (99.6 percent) dollar accuracy
- In-bound first-call solution accuracy (96.94 percent)
- Online access to claims status, patient eligibility and basic benefit information
- Wellness discounts to help lose weight and become physically fit
About the Principal Financial Group
The Principal Financial Group® (The Principal®) is a leader in offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement and investment services, life and health insurance, and banking through its diverse family of financial services companies. A member of the Fortune 500, the Principal Financial Group has $280.4 billion in assets under management and serves some 18.6 million customers worldwide from offices in Asia, Australia, Europe, Latin America and the United States. Principal Financial Group, Inc. is traded on the New York Stock Exchange under the ticker symbol PFG. For more information, visit www.principal.com.
- 2007 Principal Life insured health block of business
- Incoming Calls Management Institute, June 2008
- The Principal Financial Group and The Principal are registered service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.
- As of September 30, 2009.