HealthPlan Services Launches Benefits Hub

TAMPA, Fla., March 27, 2012 /PRNewswire/ -- HealthPlan Services (HPS), the nation's leading technology and administrative services provider for the insurance and managed care markets, announced today the launch of Benefits Hub, an all-inclusive insurance agency designed to help agents expand sales opportunities for rapid business growth.

"In today's competitive insurance landscape, an agent's ability to diversify offerings is crucial to long-term staying power and success," said HPS President and CEO Jeff Bak. "HPS recognizes the challenges agents face in meeting this need and is offering a support staff of licensed insurance agents at Benefits Hub, providing multiproduct/multicarrier proposals as a proactive response to satisfying consumer and employer demand for more choices."

Benefits Hub helps agents meet these demands and achieve landmark business growth by delivering access to a greater number of licensed sales consultants and more leading plans and providers. With a full range of medical and voluntary products and Section 125 as well as identity theft protection, the agency provides agents with more cross-selling opportunities, as well as:

• An enhanced online self-service experience
• Streamlined, multiproduct commissions
• A more robust multicarrier, multiproduct online quoting engine

Benefits Hub leverages HPS' 40-plus years of experience providing administrative solutions that lead to profitable growth, operational efficiency and savings, and speed to market. It achieves those results with scalable, business-driven technology platforms, industry-leading billing aggregation and financial systems, alternate and traditional distribution networks and analytics-based retention programs.

For more information on Benefits Hub, call toll-free (800) 545-6441, email [email protected] or go online to www.benefits-hub.com.

About HealthPlan Services
HealthPlan Services (HPS) is the largest independent provider of service and technology solutions to the insurance and managed care industry. Since 1970, HPS has offered customized administration and distribution services to insurers of individual, small group, voluntary and association plans, as well as valuable solutions to thousands of brokers and agents. HPS' proprietary, scalable technology provides innovative consumer-facing solutions that are turnkey self-service tools for insurance carriers and distribution partners. HPS offers an ever-expanding array of services to a diverse and growing client base, and administers products that include medical (PPO, HMO, indemnity, consumer-driven), dental, vision, life, disability, cancer, critical illness, accident, long term care, limited medical, as well as various other ancillary insurance. HPS is committed to providing extraordinary service to its customers. HPS is a company of Water Street Healthcare Partners, a strategic private equity firm focused exclusively on healthcare. For more information about HPS, visit www.healthplan.com.

SOURCE HealthPlan Services