Preferred Benefit Administrators is a Third Party Administrator (TPA) specializing in self-funded group health plan administration. As a result of our focus on self-funding, Preferred Benefit Administrators understands the critical need to tailor our services for each individual client.
Preferred Benefit Administrators was founded in 1997 by Lisa Brower and Holly Coffey. After collectively working in the self insured industry for 40+ years, Lisa and Holly joined forces to create an organization with the objective to provide superior administration and personalized service.
Preferred Benefit Administrators has been approved by leading A and A+ rated Stop Loss and Life Insurance carriers and can therefore ensure competitive pricing and quality placement. In addition, we contract with numerous regional and national PPO Networks, and we can maintain the in-force network when possible.
Preferred Benefit Administrators holds a Third Party Administrator Certificate of Authority issued by most State Insurance Departments and is a member of the Society of Professional Benefit Administrators (SPBA). In addition, we are represented by an experienced benefits attorney who specializes in self-funded ERISA health programs. These credentials assist us in remaining on the cutting edge of the ever-changing marketplace, and they enhance our resources for providing the highest level of support for each individual client we serve.
Preferred Benefit Administrators is committed to working with employers and agents to reduce health plan expenses and exposure without compromising care to plan participants.
Preferred Benefit Administrators has earned long term commitments from the agent community, as well as a loyal following of clients. Their confidence in our ability to handle all aspects of an account's self-funded plan and their experience with our high standards of operation has enabled us to maintain an impeccable level of client retention.
Preferred Benefit Administrators consists of a winning team of experts in the self-funded industry, and what truly distinguishes us from the competition is our entire staff's commitment to highly efficient plan administration and quality service.
About Preferred Benefit Administrators
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