Third Party Administrators

Many companies are turning to third party administrators (TPAs) to handle all claims and tasks related to the maintenance of health insurance plans and other employee benefits. Contracted duties of a TPA may include benefit implementation, performing the duty of a claims adjuster, billing and collection, and many other managerial responsibilities. Some TPAs handle the responsibilities of retirement benefits, COBRA, disability claims, and more.

By outsourcing the everyday tasks of managing employee benefits, the local employer no longer must supply the staff and space needed to perform this aspect of administration. At The Boon Group, we have the staff and professional experience to provide top-quality management skills for much less than in-house management. We provide administrative services tailor-made to meet the needs of any employer or government contractor.

Why Use Third Party Administrators?
We are licensed third party administrators in every state where licensure is required. Only a few states do not license TPAs, and we continually monitor all state requirements and obtain state licensure as soon as it becomes available. In addition, we stay informed of changes in the laws affecting wages and benefits requirements. As third party administrators, we create and administer non-traditional employee benefit products--including providing plans that meet the specific requirements of government contractors.

As third party administrators, we at The Boon Group offer full service integration, trust work, fully-insured and self-funded plans, and much more. We work closely with the employee benefits agent to provide the best options available for all kinds of businesses, large and small. For more information, contact us to speak with one of our representatives.