Health Care Management Administrators, Third Party, Medical Claims, Employee Benefit At Group and Pensions Administrators

GPA Offers Health Savings Account
Newest form of consumer-driven, flexible savings account offers additional benefits to employees

December 15, 2004 (Richardson, TX) Group & Pension Administrators, Inc., (GPA) one of the largest third-party benefit administrators in the Southwestern United States, today announced it has replaced its traditional health plan with two High Deductible Health Plan (HDHP) options with a Health Savings Account (HSA) for employees, in a move to meet burgeoning employee interest in more-flexible and personalized healthcare coverage and spending.

Enabled through the December 2003 Medicare legislation, HSAs are offered on a salary-reduction basis or as an after-tax deduction by the individual. GPA is contributing 20% of the deductible for employees and covered dependents who are eligible to receive the HSA benefit which enables them to determine how, when and where to allocate pre-determined healthcare savings on a pre-tax basis.

“We chose to offer this newest type of healthcare spending account to our employees because it is the first step in helping them to be better consumers of healthcare,” said GPA Chief Operating Officer Kathy Enochs. “With HSAs, our employees control their own spending account and choose where to invest their healthcare dollars, including those contributed by GPA.” “In addition, the funds roll over and grow on a tax-free basis -- meaning they can earn interest and be invested -- instead of being dissolved annually as in past ‘use it or lose it’ plans.” GPA administers self-funded PPO plans, HSAs, HRAs, and Flex Plans with Debit Card and investment options for other clients.

About Group & Pension Administrators

Group & Pension Administrators (GPA) (www.gpatpa.com) is a third-party administrator (TPA), providing highest-quality administrative, customer support, claims processing, claim management, and plan development and review services to self-insured employers. Since its founding 35 years ago, Group & Pension Administrators (GPA) has combined industry-leading technology and tools with a philosophy of “high-touch” patient care to lower the financial risk and improve the quality of clients’ healthcare benefits.

Contact Information:

Kathy Enochs
GPA
972.744.2445

Ellen Dalton
Dalton Associates
404.442.7900

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 your company 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 Health Care Management Administrators, Third Party Administrators Insurance Claim, American Benefit Administrators Plan, Third Party Administrators Tpa, Third Party Claim Administrators, Worker Compensation Third Party Administrators, Third Party Administrators By State, Employee Benefit Administrators, Claim System Administration, Health Care Claim Management Administration, Custom Benefit Administrators, Third Party Insurance Administrators, Medical Benefit Administrators, Third Party Administrators, Employee Benefit Administration, Benefit Administrators, 401K Third Party Administrators, Unemployment Claim Administration, Claim Administration, Employee Benefit Security Administration, Professional Benefit Administrators, Benefit Administrators Plan, Southern Benefit Administrators, Key Benefit Administrators, Administration Claim Software, Third Party Administrators California, Master Of Business Administration Health Care Management, Flexible Benefit Administrators, Select Benefit Administrators, Professional Benefit Administrators Society, Administrators Benefit Cooperative, Administrators Benefit National, Benefit Administration Management, Third Party Benefit Administrators, Different Third Party Type Administrators, Managed Benefit Administrators, Benefit Administrators Carolina, Medical Claim Administration, Society Of Third Party Administrators, Payroll Benefit Administrators, Third Party Administrators Listing, Texas third party Administrators, Alaska third party Administrators, Alabama third party Administrators, Arizona third party Administrators, Arkansas third party Administrators, California third party Administrators, Colorado third party Administrators, Connecticut third party Administrators, Delaware third party Administrators, Florida third party Administrators, Georgia third party Administrators, Hawaii third party Administrators, Idaho third party Administrators, Illinois third party Administrators, Indiana third party Administrators, Iowa third party Administrators, Kansas third party Administrators, Kentucky third party Administrators, Louisiana third party Administrators, Maine third party Administrators, Maryland third party Administrators, Massachusetts third party Administrators, Michigan third party Administrators, Minnesota third party Administrators, Missouri third party Administrators, Mississippi third party Administrators, Montana third party Administrators, Nebraska third party Administrators, Nevada third party Administrators, New Hampshire third party Administrators, New Jersey third party Administrators, New Mexico third party Administrators, New York third party Administrators, North Carolina third party Administrators, North Dakota third party Administrators, Ohio third party Administrators, Oklahoma third party Administrators, Oregon third party Administrators, Pennsylvania third party Administrators, Rhode Island third party Administrators, South Carolina third party Administrators, South Dakota third party Administrators, Tennessee third party Administrators, Utah third party Administrators, Vermont third party Administrators, Virginia third party Administrators, Washington third party Administrators, Washington DC third party Administrators, District of Columbia third party Administrators, West Virginia third party Administrators, Wisconsin third party Administrators, Wyoming third party Administrators