Innovanté Benefit Administrator is Colorado’s Newest Third Party Administrator

Leverages HealthTrans’ Core Strengths to Provide Unique Healthcare Management Solutions

GREENWOOD VILLAGE, COLO. – Innovanté Benefit Administrator, Colorado’s newest third party benefits administrator, offers employers a comprehensive suite of healthcare products and services to the self-funded employer, including multiple benefit plan options, compelling provider networks, health savings accounts, health reimbursement accounts, debit cards, COBRA and HIPAA solutions. Innovanté also provides back-office support to fully insured carriers to include individual and employer group product administration for fully insured arrangements. Focusing on superior service is the foundation to the Innovanté business acumen.

“Based upon our knowledge of the Colorado marketplace, we have worked diligently in identifying compelling options for the Colorado broker and employer that will significantly reduce fixed costs and claims costs,” said Kathy Major, president of Innovanté. “Service is always at the core of what we deliver and the key to helping employers achieve a balance between the benefits they offer employees and the cost of those benefits.”

Innovanté Benefits Administrator is a division of HealthTrans, a nine-year-old pharmacy benefits management company with 15.1 million members, 100 million transactions per year and $4 billion in annual drug spend. Innovanté leverages the business model strengths of HealthTrans, including its extensive pharmacy benefits experience, expert resources, and state-of-the-art, integrated data reporting capabilities and technology, to provide a complete and innovative range of healthcare services.

Although newly formed, the Innovanté management team is not new to the business, each bringing more than 20 years of experience in the fully insured carrier arena as well as in third party administration. “We are unique among TPAs in that we have a diversified product portfolio and have the technological flexibility to manage multiple business segments, to include individual product lines with a multitude of variables,” said Major. “We customize solutions that meet unique situations by listening to our clients versus providing canned solutions. I don’t know of a client in today’s world that falls into any type of ‘standard’ benefit option. We are focused on executing and delivering effective client solutions every day compared to simply talking about them.”

Services offered by Innovanté include:

• Medical
• Vision
• Dental
• Flex
• HRA and HSA Administration
• Pharmacy
• iFIT Health & Wellness Programs
  • Utilization Review
  • Case Management
  • 24/7 NurseLine
  • Disease / Population Management
  • Maternity Program
  • Flu Shot Program
• Disease Management
• 24-Hour Nurse Line
• Employee Assistance Program
  • TelaDoc
  • Biometric Screening
  • HealthRisk Assessment
  • Health Self-management Programs

To learn more about Innovanté, visit the web site at www.Innovante.net.

About Innovanté Benefits Administrators
Innovanté Benefits Administrators provides third party benefit administration services that are customized to meet self-funded employers’ and fully insured carriers’ unique needs. Our goal is to help our clients derive continual and measurable cost savings from affordable healthcare benefits programs and identifiable and actionable options to improve employee health and well being while reducing their overall healthcare spend. We do that by providing an array of services and benefit programs to self-funded employers and health plans. To learn more about Innovanté visit www.Innovante.net.

About HealthTrans
HealthTrans is a privately held healthcare management solutions company, formed in 2000 with a diverse customer base that includes managed care organizations (MCOs), pharmacy benefit managers, workers’ compensation plans, specialty programs, TPAs, resellers and government-sponsored plans. HealthTrans’ full spectrum of healthcare management product and service includes claims processing solutions, full PBM services, medical claims processing, clinical programs, benefits administration services, mail order options and discount healthcare programs. Visit www.healthtrans.com.