Third Party Administrators
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benefitRFP allows a Third Party Administration company to reach exactly the clients that are most suited for that TPA’s administration platform. Through our benefitMATRIX we match a client’s plan specifications with the administration companies that are most suited to administer the plan. What is the benefitMATRIX™?Our trademarked industry-specific software helps us match your benefits needs with appropriate plans that are presently available. Using the benefitMATRIX™, we can systematically determine which NQEB strategies and administrative firms will deliver the best-matched results for specific managerial targets. We can quickly peruse the available options, contrasting and comparing numerous offerings and distinctions.How does the benefitMATRIX™ work?After thoroughly determining your benefit program needs and wants, the benefitMATRIX™ is used to instantly correlate thousands of features among dozens of available plans, helping our experts to identify the best ones for your company. We are able to rank plans using a point system of weighted values, indicating the most beneficial selections, based on your unique requirements. The benefitMATRIX allows a client to make an informed decision based on objective data, which allows us to make an independant recommendation.The advantage to a TPA firm is that once you are identified as an administration candidate, the client can choose your firm with confidence. A simple Four point process to work with benefitRFP
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