

GPA Clients' Healthcare Costs Rank Below National Average
Focused on total plan efficiency, GPA projects another year of client healthcare savings in 2008
February 26, 2008 (Dallas, TX) Group & Pension Administrators, Inc. (GPA), one of the largest independent third-party benefit administrators in the Southwestern United States, announced that its clients' average healthcare claim and per-employee fixed costs in 2007 were approximately 17% below the national average. GPA projects even lower costs for its clients in 2008.
According to Towers Perrin's 2007 annual Healthcare Cost Survey, which offers the industry's most in-depth, prospective look at the upcoming year's healthcare costs for employers, employees and retirees, the average corporate health benefit expenditure in 2008 will be $9,312 per employee – an increase of 7% over 2007.
GPA analyzed similar costs for its employer clients and found that compared to Towers Perrin's findings, its $400 million in claims and fixed costs for 2007 equaled $7,225 per employee or 17% less than national average for 2007 of $8,700. Further, GPA expects this trend to continue in 2008, with projected per-employee costs of approximately $7,530 or a projected 19% below the national average.
"We continually scrutinize every facet of our business to ensure we are effectively managing and lowering total healthcare costs for our clients," said GPA Chief Operating Officer Kathy Enochs. "We are pleased that our efforts are literally paying off for our clients and that GPA provides a competitive alternative for companies who actively seek to manage their plan's performance."
Group & Pension Administrators, Inc. (GPA) is the largest independently owned third-party administrator (TPA) in the Southwest, providing highest-quality and custom healthcare benefit management solutions to self-insured employers. For 40 years, GPA has combined its value of service excellence with a commitment to clients, employing industry-leading technology, tools and – above all – "high-touch" patient care to deliver the healthiest employees and the "healthiest" bottom line. For more information, visit gpatpa.com.
Contact Information:
Kathy Enochs
GPA
972.744.2445
