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THE COMPANY
Professional Benefits Administrators, Inc. (PBA, Inc.) is a
professional service firm specializing in helping our clients improve business
results through cost-effective, accurate and timely delivery of their employee
benefits programs.
The firm was founded by Dick Washick in 1989 in Winter Park,
Florida to provide claims administration, consulting and reinsurance for those
employers who elect to self-fund or partially fund their group health and group
life plans. Since then, the firm’s health and welfare professional services
have expanded to the administration of managed care alliances, Section 125
cafeteria plans, HIPAA, COBRA and voluntary insurance plans. The firm
added a pension service practice in 1997, which offers actuarial,
administration, record-keeping and consulting services relating to retirement
income and savings plans. Y2K Conversion to a new Server based system was
accomplished in 1998. 1999 was the year to implement sophisticated technology
with voice response to DC Plans, Internet Access to Health and Welfare accounts
with 24 hour Verification and eligibility, Intranet capabilities for all
Accounts and Direct Access from Accounts to our system for claims, Eligibility
and Reporting.
Our Clients have the opportunity to have a one-stop shop for
the administration of their employee benefit programs (i.e. DB and DC Pension
Programs, Governmental Compliance, Sec. 125 and Health and Welfare Plans) Where
unbundled services are called for, we work with our clients’ other service
providers to provide a seamless package of professional services.
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