Category Archives: Third Party Administration

Choosing a Third Party Administrator for Benefits Plans

buyer beware: third party administrator for benefits plan
Posted on September 21st, 2017 by Robert Crowder

A Third Party Administrator (TPA) is an organization that manages employee group benefit plans on behalf of an employer. A TPA can provide more cost-effective and flexible group insurance administration for small and mid-sized businesses than larger traditional insurance carriers can – in some cases saving as much as 20% (…) [Read Full Article]

How Employers Can Change Their Benefits Plan without Re-Enrollment

update benefits without re-enrollment
Posted on May 5th, 2016 by Mike Ignatz

Employers may want to make changes to their benefits plan for a variety of reasons. For example, they may be in search of more favourable pricing; in fact, a lot of advisors tell employers that they should “shop their benefits plan” every two to three years to attain the most (…) [Read Full Article]

Add Stability & Flexibility to Your Benefits Plan with a TPA

Posted on January 8th, 2016 by Mike Ignatz

Is your company’s benefits plan provided by a conventional group insurance carrier? For many small and mid-sized businesses, the plans offered by big insurance providers can be restricting – both in terms of budget and benefits available. You are typically offered a one-size-fits-all type of plan that can’t easily be (…) [Read Full Article]

The Benefits Trust: Your Third Party Administrator [Video]

Posted on January 9th, 2015 by Mike Ignatz

What exactly does The Benefits Trust do? What is a Third Party Administrator (TPA)? How can a TPA like The Benefits Trust help business owners build the right employee benefits plan for their needs?

The Promise: The Value of a Third Party Administrator

Posted on September 20th, 2012 by Mike Ignatz

At The Benefits Trust we see employee benefits plans differently than the big impersonal providers do.  A benefits plan is a commitment—a promise—made by an employer to their employees.  We also believe that employers should have complete control over their benefits plans. A Third Party Administrator (TPA) works with your (…) [Read Full Article]

Top 15 Questions to Ask Your Third Party Administrator (TPA)

Choosing a provider, third party administrator
Posted on May 2nd, 2012 by Karen Taylor Smith

1. Which services do you provide in house and which do you outsource? With multiple providers involved, it is important to confirm the TPA’s privacy policy, as well as if any outside service provider is being used so they can be evaluated as well. Accurate claims decisions on disputes and (…) [Read Full Article]

The Cost Advantages of Budgeted ASO for Small Employers

Administrative Services Only
Posted on September 30th, 2011 by Mike Ignatz

Historically, self-funded or administrative services only (ASO) contracts for group benefits have been the domain of “big business”.  But smaller employers are demanding greater transparency and flexibility from benefits providers.  Budgeted ASO plans are increasingly popular in response to these demands. The key pricing factors to consider when comparing benefits (…) [Read Full Article]

Comments are closed.