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Group & Pension Administrators history
Group & Pension Administrators company history timeline
Clerks in the Washington DC office reported to the Commissioner of Pensions, a presidentially appointed position created by Congress in 1833.
In 1930, Congress decided to consolidate all Veterans benefits and services in a single federal agency, the Veterans Administration.
To increase efficiency and better manage its workload, VA carried out an internal reorganization in 1953 that led to the establishment of the Department of Veterans Benefits, the direct forerunner of the Veterans Benefits Administration.
The Texas Employees Group Benefits Program (GBP), formerly the Texas Employees Uniform Group Insurance Program, began September 1, 1976.
HMOs were first offered in the GBP on September 1, 1977.
Participating HMOs were first required to offer standardized benefits on September 1, 1989.
Since Fiscal Year 1991, ERS has required HMOs to provide adjusted community rates established at levels required to generate the revenue necessary to provide coverage to GBP participants.
Eleven (11) four-year public university systems representing twenty-five (25) separate universities and health science centers and forty-eight (48) public community/junior colleges located throughout Texas began participating in the GBP on September 1, 1992.
Effective September 1, 2010 ERS contracts with two commercial HMOs on a fully insured basis; Scott & White in Temple/Waco and Community First in San Antonio.
On January 1, 2012, Humana Insurance Company was named the administrator for the PPO plan.
Since September 1, 2012, there is an administrative fee of $12 per TexFlex Program Account.
As of August 2013, the number of participants in the DHMO plan is approximately 147,361, which includes employees, retirees and their dependents.
As of September 1, 2014, the State will begin offering a Dental Discount Program.
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Group & Pension Administrators competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| HealthSmart | 1983 | $270.0M | 3,000 | 1 |
| Community Health Alliance | 2012 | $690,000 | 4 | 86 |
| Qualchoice | - | $60.9M | 200 | - |
| Bluegrass Family Health | - | $8.8M | 200 | 1 |
| AmeriHealth Caritas | 1983 | $6.5B | 4,869 | 114 |
| Oxford Health of New Jersey | 1985 | $2.6B | 3,200 | 5 |
| Aetna Health Holdings | 1987 | $200.0M | 175 | - |
| Seven Corners | 1993 | $36.5M | 110 | 3 |
| VIVA HEALTH | 1995 | $27.0M | 339 | 34 |
| The Manhattan Life Insurance | 1850 | $43.0M | 50 | 19 |
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Group & Pension Administrators may also be known as or be related to Group & Pension Administrators and Group & Pension Administrators, Inc.