SPBA Further Expands Education Efforts for TPAs as Regulatory Environment Evolves
Chevy Chase, MD (PRWEB) November 19, 2015 -- The Society of Professional Benefit Administrators (SPBA) continues to expand its member services as more U.S. employers move to the self-funded health plan model and seek out third party administrators (TPAs) who are well-educated about the current regulatory environment and its related requirements.
As changes have taken effect under the Patient Protection and Affordable Care Act (PPACA) and other federal rulings, SPBA has been a constant source of knowledge for its comprehensive-service TPA members. The national organization has implemented a multi-channel approach to keep members informed and up-to-date.
Along with launching a new, more informational public website as companies of all sizes consider the shift to self-funding, SPBA has recently updated and re-organized its member website for easier navigation. The Society continues to add to its comprehensive library of explanatory articles, compliance resources and webinars, and it has expanded the content of its member-to-member forums. SPBA has also organized full break-out sections of information on larger topics like PPACA/health reform and ERISA, with related forms and materials.
This information is proving to be indispensable to the comprehensive-service TPAs who help manage self-funded plans on behalf of employers. “There is a lot to keep track of in the self-funding world, especially in terms of recent health reform rulings and other regulatory and legislative issues,” said Holly Weiske, SPBA member and director of client services for Cypress Benefit Administrators. “The member website and weekly email updates keep my team current on frequent developments and include critical information I can’t find anywhere else.”
The SPBA also hosts two annual conferences for its growing membership. Based in Washington, D.C., the spring conference focuses on regulatory matters with several government agencies typically represented as SPBA maintains strong relationships with regulators. The fall conference is more broadly educational in nature and includes a variety of hands-on learning workshops.
“I wouldn’t be able to do my job or serve my clients as effectively without SPBA,” Weiske said. “Being a member gives TPAs access to some invaluable resources. It ensures timely notifications of industry happenings and provides practical insights.”
For more information about SPBA or membership, contact:
Fred Hunt, SPBA Active Past President, fred(at)spbatpa(dot)org or 301-718-7722
SPBA is the national association of Third Party Administration (TPA) firms that manage client employee benefit plans. It is estimated that over 60% of U.S. workers and their dependents in non-federal health coverage are in plans administered by TPAs. The clients of TPA firms include every size and format of employment, including large and small employers, state/county/city plans, union, non-union, collectively bargained multiemployer plans, as well as most industries and professions.
Dave Willems, Willems Marketing & Events, +1 920.750.5013, [email protected]
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