Day: May 2, 2010

Group & Pension Administrators Inc. (GPA), a Texas based third party administrator, is enjoying rapid growth through marketing their unique Cost-Plus health insurance program. Plan savings for participating employers average 40% or more.

GPA has caught the attention of employers, agents and competing insurance carriers, as well as the health care community.

The GPA message is simple; providers should be paid their cost plus a fair and reasonable profit, rather than paid a discount off inflated and arbitrary charges that have no relationship to cost.

New clients include high profile accounts in major metropolitan areas of Texas. A large medical provider in Bexar County, for example,  recently partnered with GPA to provide cost-plus benefits for their own employees.  

We expect GPA will continue to enjoy rapid and sustained growth as there appears to be no competition in the cost-plus arena. Competing carriers and TPA’s seem committed to continued reliance of PPO networks and other managed care contracts rather than adoptng the GPA Out-of-the-Box approach to reigning in health care costs.

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At GPA, we embrace our whole healthcare community with unflinching standards and a time-tested commitment. For 40 years, we have offered a uniquely customized approach to benefit planning for employers and brokers who want solutions to today’s most-pressing healthcare challenges. All while providing the highest-quality information, resources and service to employees and providers. If you demand the healthiest employees – and the “healthiest” bottom line, demand GPA.


This quarterly online newsletter provides current industry news and an in depth look at GPA offereings. View now.

Learn about changes to the Mental Health Parity Act and the innovative care options available for your health plan. Listen now.

J.W. Dewbre Named Vice President at GPA more

GPA and Clients Named “Healthiest Companies in America” more

San Antonio Company Lowers Healthcare Cost by Over 40% more

GPA Announces Operational Team Appointments more

GPA Supports Local Charities more

Whether you’re an employer, employee or a broker, login here to access timely information, resources and reports.

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Regional Office – San Antonio, TX 5803 Sebastian Place, San Antonio, TX 78249 210.691.0500 phone • 800.594.3973 toll-free

Group & Pension Administrators, Inc. Park Central 8, 12770 Merit Drive, 2nd Floor, Dallas, TX 75251 972.238.7900 phone • 800.827.7223 toll-free

Regional Office – Houston, TX 10101 Southwest Fwy, Suite 210, Houston, TX 77074 713.355.1225 phone • 877.850.3373 toll-free

Group and Pensions Administrators provide you with the creative and custom employee benefit management solutions for employee wellness plans, medical plans, company health insurance plans, medical claim processing, workers comp, 401K, pension plans for flexible, comprehensive reporting, a total claim management system, and employee targeted programs located in Texas, but with nationwide coverage for Employee Benefit Plan Administrators, TPA, Medical Plan Administrators, National Benefit Administrators, Benefit Administrators, Benefit Administrators Professional, Benefit Administrators Plan, Benefit Administrators Southern, Key Benefit Administrators, Administrators American Benefit Plan, Flexible Benefit Administrators, Select Benefit Administrators, Employee Benefit Administrators, Custom Benefit Administrators, Professional Benefit Administrators Society, Benefit Administrators Cooperative, Third Party Benefit Administrators, Medical Benefit Administrators, Managed Benefit Administrators, Carolina Benefit Administrators, Payroll Benefit Administrators, Gallagher Benefit Administrators, Altus Benefit Administrators

© 2010 Group & Pension Administrators, Inc.

Recently we have witnessed some very poor insurance decisions by a number of employers who have switched TPA/Carrier for all the wrong reasons, to wit:

– Switched to a carrier because their PPO contract discounts were “proven” to be 37-55% better than the rental networks. The claim re-pricing exercise employed by the group’s consultant was later proven to be flawed. (The consultant was subsequently replaced with another “expert”)

– Switched from a TPA who had the case 5 years, managed claims and opened on-site medical clinic with addition savings to the employer, no increase in funding for the past three years, a pass on renewal, but switched to a new TPA/Carrier because their aggregate attachment factor was lower by over $3 million. The group was advised by their “expert” consultant that they would “save $3 million” by moving to the company offering the lowest aggregate factor.

Those of us in this industry are all at fault for these poor decisions. We have missed opportunities to educate employers as to the truth regarding our industry. Instead, employers have relied on con artists who have been trained to take advantage of their ignorance.

We must begin the process of educating our clients and prospective clients now, so that they are well armed to make good and prudent business decisions in the future. This is accomplished by telling them the secrets we dont want them to know about.

Decisions based on facts are always the right decisions. Decisions based on deception continue to demean our industry.