Springfield, MO, February 03, 2011 --(PR.com
)-- Group Benefit Services announced today that AM Best, a worldwide insurance-rating and information agency with more than 100 years of history, has continued to grant the designation of “Expert Insurance Service Provider” to GBS. This year marks the sixth straight year that GBS has retained this prestigious designation from AM Best.
James Deren, President and CEO of GBS, said, "We are excited about AM Best's decision to continue reaffirming our designation." Mr. Deren continued, "This designation is a direct reflection of our commitment to offer high quality programs that help our clients reach the best clinical and financial outcomes available in the United States."
According to Mr. Deren, many insurance companies are providing fewer benefits along with fewer services as a result of healthcare reform. He also indicates that GBS is seeing more growth as a result of employers moving away from traditional cumbersome fully insured programs in order to maintain quality and to streamline their administration process. Mr. Deren indicates that, "We are here to help educate employers on how they can maintain a quality employee benefit program at the best possible prices. Employers want to provide the best benefits and GBS enjoys an excellent track record of positive purpose driven results to help them reach their specific goals."
Group Benefit Services (GBS) is a licensed Third Party Administrator (TPA) and Employee Benefits Technology Corporation headquartered in Springfield, MO. GBS provides Employer Based Services which includes employee benefit consulting and claims administration, Project Based Services that include inception and management of Association Group and Trust programs, and Outsourcing Services for the insurance industry.
Web Addresses: www.gbs-tpa.com