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We're a global firm with the vision, the ingenuity, the skill and the mandate to create risk management, captive management, and self-insurance solutions for businesses, professional associations, and individuals. Our tradition is rooted in our loyalty and commitment to people. Our success is reflected in our record of excellence and innovation. Let us share our vision with you.
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We begin with a thorough analysis of your employer benefit plan. This helps us discover your special needs, so that we may develop a precise profile of your company which then allows us to define and narrow our search for the best possible fit with benefit carriers. We will request proposals, review all the appropriate options for you and create a strategy tailored for your needs.
Our COBRA administration assists employers with the complexity of COBRA processes and billing. We maintain an up-to-date understanding of legislation and compliance, as well as detailed records of all participating COBRA enrollees and qualified beneficiaries. We facilitate the process of all employee notifications within their specified time frames and track a detailed payment history for each COBRA continuant. We receive and record all premium payments on behalf of the employer, post them to our system and forward them to the employer for deposit.
Life insurance may be one of the most important purchases you'll ever make. In the event of a tragedy, life insurance proceeds can help pay the bills, continue a family business, finance future needs like your children's education, protect your spouse's retirement plans, and much more. At Frates Benefit Administrators we have a complete portfolio of products whether you are buying an Individual plan, Employer provided group Life and Accidental Death, or voluntary Worksite products.Term Life Insurance is designed to protect temporary needs and is also an affordable alternative in purchasing large amounts of insurance.
Most of us think of purchasing Life Insurance, Health Insurance, Auto and Home Insurance but we forget to purchase the one Insurance that insures our pay check and gives us the means to pay for our lifestyle. Disability income insurance can replace a portion of your income if you get sick or injured and unable to work.
In today's healthcare environment, brokers and consultants need a TPA business partner that delivers administrative expertise. Frates Benefit Administrators has been in business since 1982 combining dedication with state-of-the-art technology in order to provide outstanding account service and excellent products.
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