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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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