MADISON, Wis.—April 13, 2023—WPS Health Solutions has earned the VETS Indexes 4 Star Employer designation in the 2023 VETS Indexes Employer Awards. The award recognizes the organization’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.
“WPS Health Solutions stands out from the pack as one of the best employers nationwide for veterans, members of the National Guard and Reserves, and military spouses,” said George Altman, managing director of VETS Indexes. “As more and more employers recognize the cutting-edge technical skills and soft skills veterans bring to the workplace, the race to attract military-connected talent gets increasingly competitive. The number of organizations participating in the 2023 VETS Indexes Employer Awards more than doubled since last year—but even in this highly competitive environment, WPS Health Solutions distinguished itself as a leader among veteran employers and should be commended,” Altman said.
This year, a record number of 239 organizations participated in the VETS Indexes Employer Awards, more than double the 118 participants in 2022. Of those, VETS Indexes recognized 200 organizations across the following award levels: 5 Star Employer, 4 Star Employer, 3 Star Employer, and Recognized Employer. Not every responding organization made the cut—only those that demonstrated a strong commitment to veterans, members of the National Guard and Reserves, and military spouses. Participating organizations included companies large and small, government agencies and departments, nonprofit groups, colleges, and universities.
As the most objective and comprehensive evaluation of veteran employers, the VETS Indexes Employer Awards program has set a new standard in veteran employment data. These results have been featured on CNBC as well as military-specific outlets, including military.com. This in-depth survey and recognition program analyzes employers’ policies, practices, and outcomes in detail, across the following five categories:
Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions), founded in 1946, is a nationally regarded benefits administrator for a variety of U.S. government programs and a leading not-for-profit health insurer in Wisconsin. WPS Health Solutions serves active-duty and retired military personnel, seniors, individuals, and families in Wisconsin, across the U.S., and around the world. WPS Health Solutions, headquartered in Madison, Wis., has more than 2,700 employees. Within the enterprise, there are three divisions: WPS Government Health Administrators, WPS Military and Veterans Health, and WPS Health Insurance/WPS Health Plan/EPIC Specialty Benefits. For more information, please visit wpshealthsolutions.com.
VETS Indexes is a leading voice on veteran employment issues, overseeing the VETS Indexes Employer Awards, hosting the twice-yearly Employing U.S. Vets Conference, unearthing unique and unprecedented data on veteran employment through the Veteran Employment Benchmarking Service, and developing custom indexes, linked to financial products, that track the performance of the publicly traded companies that have established themselves as the best employers for veterans.
The VETSX and VTRNIX indexes were created on the premise that the companies that make the best use of the highly talented, yet under-valued, talent pool that veterans represent will ultimately see a benefit to their bottom lines. The performance of the indexes has emphatically confirmed that thesis, outpacing the S&P 500.
As the world’s first resource for U.S. veteran themed indexes, our mission is to provide innovative solutions that recognize the value created by the mission-critical mindset, unique skills, and specialized training that veterans bring to the workplace. Our mission also includes a commitment to always donate a significant portion (target of 20% and no less than 5%) of our net profits to charitable organizations that support veterans and their families.
“SERVING THOSE WHO SERVED” - VETS Indexes provides a social and governance impact via those public companies that support the hiring and professional development of our military veterans.