[et_pb_section fb_built=”1″ _builder_version=”4.5.3″ _module_preset=”default” custom_padding=”0px||0px||false|false”][et_pb_row module_class=”inner_top_heading” _builder_version=”4.5.3″ _module_preset=”default” background_color=”#5e5e60″ background_image=”https:\/\/ighcp.com\/ebs\/wp-content\/uploads\/2021\/07\/bg-grey.png”][et_pb_column type=”4_4″ _builder_version=”4.5.3″ _module_preset=”default”][et_pb_text module_class=”heading_top” _builder_version=”4.5.3″ _module_preset=”default” text_font=”|600|||||||” text_text_color=”#ffffff” text_font_size=”36px” header_text_color=”#ffffff” custom_padding=”|||20px|false|false”]<\/p>\n
Why Use A TPA<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,2_3″ module_id=”main_inner_section” module_class=”main_inner_section” _builder_version=”4.5.3″ _module_preset=”default” background_color=”#ffffff” custom_padding=”||40px||false|false”][et_pb_column type=”1_3″ _builder_version=”4.5.3″ _module_preset=”default”][et_pb_text module_class=”inner_left_menu” _builder_version=”4.5.3″ _module_preset=”default” text_font=”Open Sans|700|||||||” text_font_size=”20px” text_line_height=”26px”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.5.3″ _module_preset=”default” background_color=”rgba(0,0,0,0)” min_height=”30px” custom_margin=”||0px||false|false” custom_padding=”||0px||false|false” link_option_url=”https:\/\/ighcp.com\/ebs\/services\/” background__hover_enabled=”on|hover” background_color__hover=”#0e76bc” background_enable_color__hover=”on”][\/et_pb_text][et_pb_image src=”https:\/\/ighcp.com\/ebs\/wp-content\/uploads\/2021\/07\/Monthly-250×250-1.gif” title_text=”Monthly-250×250″ url=”https:\/\/fsastore.com\/?a_aid=50d376bcb7451&a_bid=5088e631&utm_source=Employee+Benefit+Systems&utm_medium=TPA+Banner&utm_campaign=TPA+Partner” align=”center” _builder_version=”4.9.10″ _module_preset=”default” hover_enabled=”0″ border_color_top=”#0e76bc” url_new_window=”on” sticky_enabled=”0″][\/et_pb_image][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.5.3″ _module_preset=”default” custom_padding=”|40px|||false|false”][et_pb_image src=”https:\/\/ighcp.com\/ebs\/wp-content\/uploads\/2021\/07\/274994_l_srgb_s_gl13-600×635-1.jpg” title_text=”274994_l_srgb_s_gl13-600×635″ module_class=”main_inner_section_img” _builder_version=”4.5.3″ _module_preset=”default”][\/et_pb_image][et_pb_text _builder_version=”4.5.3″ _module_preset=”default” header_2_font=”Open Sans|600||on|||||” header_2_text_color=”#0e76bc” header_2_font_size=”28px”]<\/p>\n
Third-party administrators handle many aspects of employee benefit plans such as medical, dental and vision claims processing, the processing of retirement benefits and flexible spending accounts. Many employee benefit plans have highly technical aspects and difficult administration that can make using a specialized entity such as a TPA more cost effective than doing the same processing in house.<\/p>\n
What is a TPA?<\/strong> The Value of a TPA<\/strong> Choose a TPA to:<\/strong> [\/et_pb_text][et_pb_text _builder_version=”4.5.3″ _module_preset=”default”]
A person or organization that processes claims and performs other administrative services in accordance with a service contract, usually in the field of employee benefits.<\/p>\n
\u2022 Claims handling experience
\u2022 All employee information resides in one place
\u2022 Access to multiple specialty carriers
\u2022 An Employee Benefit Systems administered self-funded program establishes:
\u2013 Increased financial control
\u2013 Lower operating costs
\u2013 Flexibility with plan design
\u2013 Choice of networks
\u2013 Detailed reporting of plan usage, claims data, and effective cost management<\/p>\n
\u2022 Manage the Processing of Claims
\u2022 Manage Flexible Spending Accounts
\u2022 Manage Self-Funding Accounts
\u2022 Manage Carrier Website Enrollments
\u2022 Manage Premium Collection and Payments
\u2022 Manage Life Insurance Claims
\u2022 All other Administrative activities<\/p>\n