Seeing a rise in hospital costs? The right partnerships matter. Hospital service prices have surged over 220% since 2000, more than doubling inflation and other medical service rates. According to Rice University's Baker Institute for Public Policy, these price hikes predate COVID-19, often outpacing actual cost increases. This recent study shows higher inpatient prices drive up profits but don't always align with operating costs—making transparency more critical than ever. As the #NoSurprisesAct sheds light on negotiated rates, choosing strategic partners can empower businesses to manage these costs. At TPAC, we believe in partnerships that prioritize affordability and help navigate the complexities of rising healthcare prices. Let's make healthcare sustainable together. #SelfFunded #HealthcareCosts #PriceTransparency
TPAC
Insurance
Minneapolis, Minnesota 697 followers
An MGU located in Minneapolis, MN. Changing the way healthcare is financed, disclosed, and delivered.
About us
TPAC is a Managing General Underwriting (MGU) firm that strives to help clients control healthcare costs by providing self-funded, stop-loss solutions. We exist to change the way healthcare is financed, disclosed, and delivered.
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- Minneapolis, Minnesota
- Type
- Privately Held
Locations
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Primary
Minneapolis, Minnesota 55449-5142, US
Employees at TPAC
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Chris Sanny
Azure Application Developer at TPAC
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Scott Terhaar
Reporting and Analytics at TPAC Underwriters
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Andrea Engblom
Full Stack Developer
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Joanne Dunn RN
Dynamic, RN who has driven all aspects of medical risk management at multiple organizations. Identify & achieve significant cost savings.
Updates
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Big news from TPAC! 🎉 Check out this video featuring Amy Lee, showing how TPAC is changing the way healthcare is financed, disclosed, and delivered with SLEQ®! Introducing SLEQ® – Our “Stop Loss Easy Quote” tool cuts quoting time down to minutes, not days. No more waiting for responses—SLEQ® gives you a reliable, bindable quote right when you need it. Here’s why it’s a game-changer: 🔹 Quotes in Minutes: Fully automated and backed by AI, SLEQ® puts you in control. 🔹 Simple & Customizable: Just a few details, and SLEQ® handles the rest, offering bindable quotes for groups under 150 lives. 🔹 Built for #Brokers, #TPAs, and #HealthPlans: Whether you need a final quote or a starting point, SLEQ® delivers. Thanks to BenefitsAlly for the 3x3x3 Challenge! Connect with us to discover how you can streamline your stop-loss experience with TPAC, powered by SLEQ®. www.tpac.com [email protected] #StopLoss #SelfFunding
Make sure to subscribe to the BenefitsAlly YouTube Channel to see the LATEST 3x3x3 Challenges, including SLEQ from TPAC with Amy Lee.
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Struggling with Self-Funding in Health Insurance? Let TPAC Help! When it comes to managing self-funded health plans, finding the right partner for underwriting, binding, and pricing can be challenging. The complexities of self-funding require a team with both expertise and efficiency. That’s where TPAC comes in. We simplify the process for you. Acting as an extension of your team, we streamline underwriting and claims management, use data-driven insights, and ensure that your clients receive tailored, effective coverage they can trust. Ready to get started? Connect with us to see how TPAC can enhance your self-funding strategy and help you deliver exceptional value to your clients. www.tpac.com [email protected] #TPAC #SelfFunding #MGU #TPA #Insurance
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Is Your Health Plan Ready for the Future? Many companies are shifting from traditional fully insured health plans to self-funded solutions. Here’s why this trend is gaining momentum: 💡 Transparency & Control: Organizations want better visibility into healthcare spending and the ability to manage those costs directly. 💡Data & AI Advancements: New technologies provide deeper insights and smarter health plan management. 💡Flexibility in Design: Self-funded solutions allow for tailored plans that meet specific needs while keeping costs in check. Is it time to explore self-funding for your organization? Take charge of your healthcare strategy today. #Healthcare #SelfInsurance #DataAnalytics #HealthPlans #AI
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We had a great time volunteering with Achieve Services, Inc., an amazing organization that provides opportunities and dignity for adults with disabilities. Achieve helps people lead meaningful, self-determined lives through its innovative programs, volunteer work, and job opportunities. We’re honored to support its mission and be part of its annual nut sale prep. Thank you for the chance to contribute to the incredible work you do! #volunteer #supportourcommunity #achieveservices #selffund
We are incredibly thankful for our awesome volunteers from TPAC, Enterprise, and Connexus® Energy for helping us package bags of nuts for our annual nut sale. Our nut sale will start very soon. Thank you again to our volunteers who help make our sale possible. We appreciate you! #volunteer #thankyou #supportourcommunity #weappreciateyou #tpac #enterprise #connexusenergy #achieveservices
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Want to receive a stop-loss quote in minutes? Discover a new way to streamline your stop-loss experience with TPAC. We get it—waiting for a stop-loss quote can be frustrating, especially when timely decisions are crucial. With SLEQ® receive a stop-loss quote in minutes. ✅ AI Underwriting ✅ No Individual Health Questionnaires ✅ Quote Current or Custom Plan Designs ✅ Backed by a TPAC Underwriter ✅ Receive a Quote any Time any Day Partnered with TPAC's Spaggregate product SLEQ® makes quoting easy. #SLEQ #Stoploss #insurance #selffund Reach out to us at [email protected] or Amy Lee and save yourself more time in your day.
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Renewal time doesn’t have to be stressful! As you prepare for your healthcare insurance renewal, we’re here to help. Have questions? Need guidance? Our team is just a call or email away to ensure a smooth process. Don’t hesitate to reach out—we’ve got your back! #HereToHelp #HealthInsurance #Renewals #ClientSupport
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Love this! Brokers, if you’re still relying on traditional level-funded plans, it’s time to do better for your clients. Independent TPAs and stop-loss carriers offer the cost control and transparency that small employers need. Don’t settle for the status quo — let’s shake things up and give your clients the solutions they deserve. #DoBetter #TPA #StopLoss #HealthCareReform
You can #DoBetter than a #LevelFunded group health plan with a major carrier's name slapped on every component... If you're a #Broker and you don't quite know what I'm talking about start with this video from 🎙Spencer Smith, CSFS® ⤵️ https://lnkd.in/gjni8SmQ Then watch this video. (and secretly wish it was Spencer) Then DM me, shoot, I'll even make some introductions. Your clients deserve better. I've lost count of the employers I've met with who say they have a major carrier for their group health. 3 minutes later say they, at some point in the past, they got money back. Either: 💣 They asked their broker why alternating between UHC and BCBS were their only options(fully insured under 50 employees) 💣 Their broker was tired of bringing in constant increases and took initiative 💣 They actually asked about alternate funding and their broker didn't know any better Either way 💥 They don't know what they have Getting money back from your group health plan feels kinda' good, right? Give yourself a shot EVERY year and lose the BUCA. Level Funding is the way small employers can get the same cost control opportunities as large self insured employers. Use an independent hashtag #TPA Edison Health Solutions Blackhawk Claims Service Matthew Kelley CSFS® American Trust Advisors BeniComp Health Solutions Yuzu Health to name a few Find a #StopLoss carrier or #MGU that knows what they're doing Jan-Felix Schneider TPAC Health In Tech Optimyl Benefits Radion Health Crum & Forster Need an advocate for price transparency? ClaimDOC and 6 Degrees Health Dx A plan designer? Guy L. Clifton , Decent These are a few of the many people and organizations on a mission to fix a broken system so give them a shout! #EmployeeBenefits #HealthInsurance #ChicagoBroker #IllinoisInsurance #DPC #HR #SHRM #DoBetter
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📢 The US spends the most on healthcare, but are we getting the best results? A new report by The Commonwealth Fund reveals that Americans are sicker, die younger, and struggle to afford essential care, despite outspending every other high-income country. With the US ranking last overall in healthcare performance compared to other nations like Australia, the Netherlands, and the UK, it's clear that our system is failing to deliver value for what we pay. At TPAC, we’re committed to changing the way healthcare is financed, disclosed, and delivered. We help navigate the complexities of self-funding, ensuring groups get access to the care they need, without the crushing financial burden that’s all too common in today’s system. We believe there’s a better way to manage healthcare—one that prioritizes equitable, affordable care while reducing inefficiencies. By working with TPAC, you can take control of your healthcare costs and help improve health outcomes for your groups. Let’s discuss how we can help your organization do just that. #SelfFunding #Insurance #SelfInsured #Healthcare
Mirror, Mirror 2024: A Portrait of the Failing U.S. Health System
commonwealthfund.org
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TPAC is here at the SIIA Conference, and we're excited to connect with you! If you’re at the conference and want to talk about industry trends or how we can drive change in healthcare with our new SLEQ®product, find us! Grab some popcorn and see how to get a quote in 15 minutes. John Nelson, Jacob Fast, Amy Lee, Ryan Newville, & Michael Meloch will see you there! #SIIA #Conference #Selffund Self-Insurance Institute of America, Inc.