Founded in 1984, and currently celebrating 30 years of service, PreferredOne is big on essential services, the services that make a positive difference in administering health care benefits through tailored planning, flexible options, superior customer service and applied technology. As a health benefits administrator, PreferredOne offers a full-range of products, services and networks to brokers, employers, members, insurance companies and TPAs throughout Minnesota and the Upper Midwest. Our mission is to create customized, trusted health plan solutions to serve a growing membership. Members enrolled: 327,000 Employers Served: 4,800 Customer service phone calls received and answered: 30,000 Contracted with 99.9% of doctors, clinics and hospitals in Minnesota
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The PreferredOne annual revenue was $60 million in 2026.
Frank Anderson is the Chairman and CEO of PreferredOne.
137 people are employed at PreferredOne.
PreferredOne is based in Golden Valley, Minnesota.
The NAICS codes for PreferredOne are [5241, 52, 524114, 524, 52411].
The SIC codes for PreferredOne are [63, 632].