Part D Advisors, Inc. Signs On as a TPAA Preferr... ( ATLANTA Sept. 11 /- Members of th...)

Part D Advisors, Inc. Signs On as a TPAA Preferred Partner

Date:9/11/2008

ATLANTA, Sept. 11 /PRNewswire/ -- Members of the TPAA (Third Party Administrator Alliance) received another competitive advantage this week when the organization announced Part D Advisors, Inc. as a Preferred Partner. The TPAA is an independently owned and operated alliance of third party administrators (TPAs) providing lead generation and other services designed to level the competitive playing field. Exclusive access and discounted prices from companies like Part D Advisors help TPAs round out their offerings and increase profitability.

Part D Advisors specializes in helping companies recover tax-free, 28% subsidies on the money they spend on prescriptions for Medicare-eligible retirees. By subcontracting with Part D Advisors for these services, TPAs can fill an important need for clients who offer benefits to retiring employees.

"Not many companies are equipped to navigate the maze of federal regulations and the 40-50 steps required to get drug subsidy payments," says John Eggertsen, president of Part D Advisors. "This is all we do, so we're able to keep up with the changes to Medicare and the application process. Typically, we get 5-10% more people approved for subsidies, we find up to 5% more drug claims that qualify and we file payment requests monthly instead of annually. It all adds up to a sizeable difference in the subsidy dollars clients can collect." In addition to larger subsidies and administrative relief, Part D Advisors gives clients peace of mind with strict adherence to federal guidelines, in-house data management and records maintenance for six years in case of an audit.

TPAA President Mark Oelschlager chose Part D Advisors for their expertise and track record of doing things right. "We're committed to giving our members access to the best in the business," says Oelschlager, "and Part D Advisors passed the test. I don't know of anyone else who provides the 'soup to nuts' service they do, and certainly no one who does it
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SOURCE Third Party Administrator Alliance (TPAA)
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