Benefit Management Administrators Announces Joint Business Venture with HIX Partners
San Antonio, TX, January 01, 2014 --(PR.com
)-- Benefit Management Administrators (BMA), a San Antonio, TX-based third-party administrator today announces their business partnership with HIX Partners, LLC, a Dallas-based consulting firm specializing in alternative benefit plan design, financing and delivery platforms.
BMA is entering into a joint business venture with HIX Partners to bring numerous coverage options to BMA brokers and employer groups, beginning with a fully-insured Premium Saver HRA program. The Premium Saver program is an employer sponsored group supplemental insurance plan designed to significantly reduce the cost of group medical coverage.
“BMA is excited to create a relationship with HIX Partners to better serve our current and prospective clients,” said James Burkholder, President and CEO of BMA. “With the many recent changes in the health insurance sector, BMA’s partnership with HIX will help us answer the current and future needs of our clients.”
The partnership between HIX Partners and BMA will give BMA clients a diverse range of insurance plan options to choose from; this includes numerous fully-insured options, self-funded options, and access to reputable independent private exchanges.
“HIX Partners is very pleased to begin working with BMA to serve the needs of their employer groups. We look forward to providing a variety of insurance solutions to BMA clients,” said Bruce Gilbert, President and CEO of HIX Partners.
Benefit Management Administrators, Inc. (BMA) is a state licensed Third Party Administrator (TPA) founded in 1992. BMA is a leader in the field of self-funded plan administration, providing clients with an innovative, cost effective approach to managing healthcare benefits. BMA provides superior service on behalf of Employer Groups with an emphasis on maintaining the highest levels of in-house benefit plan expertise, technical innovation and product support.
About HIX Partners, LLC
HIX Partners assists agents, brokers, professional associations and non-profits in developing and implementing cost-effective and consumer-centric benefit plan design, financing and delivery platforms.