Health Services & Benefit Administrators

What Health Services & Benefit Administrators does

Health Services & Benefit Administrators, Inc. (HS&BA) is a privately held Third-Party Administrator founded in 1989 and headquartered in Dublin, California. The company provides comprehensive benefits administration services exclusively to Taft-Hartley multiemployer trust funds — union-sponsored benefit plans governed by collective bargaining agreements. HS&BA administers health and welfare plans (medical, dental, vision, prescription drug, and weekly disability), defined benefit and defined contribution pension plans, COBRA, trust accounting, and employer contribution billing for these funds. Its customer base spans trust fund trustees, plan professionals, contributing employers, and plan participants across the United States, with stated service to "thousands of members and families."

HS&BA's core technology is a proprietary, integrated benefits administration platform built through partnerships with vendors specializing in Taft-Hartley fund administration. The system is HIPAA compliant and handles the full plan lifecycle: employer contribution billing, eligibility management, claims processing (with ~40% auto-adjudication rates for plan rules), defined benefit and defined contribution pension recordkeeping, trust accounting, and distribution of required participant disclosures. The platform is supplemented by four web-based portals — Participant, Trustee, Employer, and a Provider Portal currently in development — enabling self-service across each stakeholder group. HS&BA maintains real-time electronic eligibility file connectivity with major health insurers (Anthem Blue Cross, CIGNA, Kaiser Permanente, United Healthcare, Health Net) and pharmacy benefit managers (Optum Rx, RxAmerica, Caremark), plus dental and vision networks, allowing rapid eligibility resolution. The company also supports Transparency in Coverage compliance by linking to machine-readable files from Anthem, Blue Cross/Blue Shield, and Kaiser Permanente.

The business model is managed-services B2B consulting and administration, with revenue generated through negotiated professional service fees paid by Taft-Hartley trust fund clients. Pricing is not publicly disclosed and is structured per engagement based on plan complexity, participant count, and service scope. Go-to-market is sales-led and consultative: account executives are assigned two-per-client to manage onboarding and retention, with business sourced through direct relationships with union trustees, plan professionals, and fund consultants rather than resellers or intermediaries. The firm markets via industry event participation (particularly the International Foundation of Employee Benefit Plans), LinkedIn, and its corporate website. Ownership is concentrated among individuals — Miguel Taime (President & Owner) and Dave Haumesser (CFO & Owner) — with Arturo Miramontes appointed CEO in 2023 as part of succession planning. There are no institutional investors, subsidiaries, or disclosed funding rounds.

Name

Health Services & Benefit Administrators

Legal name

Health Services & Benefit Administrators, Inc.

Website

https://hsba.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Health Services & Benefit Administrators (HS&BA) is a privately held Third-Party Administrator founded in 1989, providing benefits administration, claims processing, pension recordkeeping, and trust accounting services exclusively to Taft-Hartley multiemployer trust funds across the United States.

Ownership category

akta.pro rank

Product category

Third-Party Benefit Administration

NAICS

Health and Welfare Funds (525120), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)

SIC

Hospital & Medical Service Plans (6324), Accident & Health Insurance (6321)

akta.pro primary industry

Eligibility, Enrollment & Benefits Administration (HLAEALAH)

akta.pro secondary industries

Taft-Hartley / Union Multiemployer Group Health Plans (FSAIAFAG), COBRA & Direct Billing Administration (HLAEALAC), Benefits Administration & Enrollment Support (BPAAAIAB), Flexible Benefits Administration (FSA/HSA/HRA) (HLAEALAK)

Keywords

• Third-party administration
• Taft-Hartley benefits
• Claims administration
• Pension recordkeeping
• Multiemployer benefits

Headquarters

HQ city

Dublin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Benefits Administration Services: HS&BA provides comprehensive third-party administration services for Taft-Hartley multiemployer trust funds. Revenue is generated through professional service fees for administering health and welfare plans, pension plans (both defined benefit and defined contribution), and trust accounting services. The company handles claims administration, contributions processing, eligibility management, and customer service for its client trust funds.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Health Services & Benefit Administrators (HS&BA) operates as a Third-Party Administrator for Taft-Hartley multiemployer trust funds, providing claims administration (medical, dental, vision, prescription drugs, weekly disability), pension recordkeeping (defined benefit and defined contribution), eligibility and contribution management, COBRA administration, trust accounting, and bilingual customer service. Services are delivered through a proprietary, HIPAA-compliant integrated benefits administration platform with web-based portals for participants, trustees, and contributing employers.

Product overview

Health Services & Benefit Administrators (HS&BA) operates as a Third-Party Administrator founded in 1989, providing a unified benefits administration platform with multiple integrated web-based portals. The core Benefits Administration Platform handles the full spectrum of Taft-Hartley fund administration including claims processing, pension administration, eligibility management, and trust accounting. This core system is supplemented by the Participant Portal (self-service for members), Trustee Portal (for plan trustees and professionals), Employer Portal (for contribution submission), and Provider Portal (for eligibility verification - in development). All systems are HIPAA compliant and operate with state-of-the-art technology, partnering with specialized Taft-Hartley fund administration vendors.

Differentiator

Problem solved

Functional benefit

Products and services

• Benefits Administration Platform A comprehensive third-party administration system designed for Taft-Hartley multiemployer trust funds that unifies contribution billing, eligibility, enrollment, claims processing, pension administration, customer service, correspondence tracking, and financial record keeping. Used by union-sponsored trust funds to administer health and welfare benefits for unionized workforces.
• Claims Administration Full-service claims processing for self-insured health and welfare plans covering medical, dental, vision, prescription drugs, and weekly disability benefits. Includes auto-adjudication of plan rules with approximately 40% auto-adjudication rates, stop loss monitoring, and third-party liability monitoring. Built for Taft-Hartley multiemployer trust funds.
• Pension Recordkeeping Administration and management of defined benefit and defined contribution pension plans, including eligibility, contributions, compensation, vesting, credited service, early retirement factors, disability retirements, breaks in service, PBGC premiums, and QDRO processing. Tailored for Taft-Hartley multiemployer pension trust funds.
• Trust Accounting Services Dedicated bookkeeper assigned to each client account working on-site with the Fund Manager and Auditor to handle daily operational requirements and compliance for Taft-Hartley trust funds.
• Contributions and Eligibility Management Contribution and eligibility reporting system that accepts electronic data files and web-based contribution reports, with real-time eligibility updates and monthly reconciliation of contribution receipts for Taft-Hartley multiemployer plans.
• Health Management Programs Health management programs delivered in support of Taft-Hartley trust funds' wellness and disease management objectives for union plan participants.

Quantifiable outcome

• 40% auto-adjudication rate for claims processing
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Taft Hartley System VendorscoreTechnology or IntegrationHS&BA partners with state-of-the-art system vendors that specialize in Taft Hartley Fund Administration. These partnerships allow HS&BA to leverage industry-wide IT experience and resources, spread development costs over a large install base, and ensure systems maintain current security and technology best practices.
• Health Insurer and PBM NetworkcoreTechnology or IntegrationHS&BA maintains real-time electronic eligibility file connectivity with major health insurers and pharmacy benefit managers including Anthem Blue Cross, CIGNA, Kaiser, United Healthcare, Health Net, Optum Rx, RxAmerica, Caremark, Vision Service Plan, Delta Dental, Pacific Union Dental, and others for immediate eligibility updates.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Zenith American Solutions: One of the largest dedicated Taft-Hartley multiemployer third-party administrators in the US, offering health and welfare, pension, and plan administration services directly comparable to HS&BA's offerings.
• I.E. Shaffer & Co. Taft-Hartley TPA providing administration of health and welfare, pension, and annuity plans for multiemployer funds, closely comparable to HS&BA in target customer and service mix.
• Conrad Siegel: Actuarial and benefits administration firm serving Taft-Hartley and multiemployer clients with pension administration, health and welfare consulting, and plan management services.
• 90 Degree Benefits: Taft-Hartley focused benefits administrator serving multiemployer funds with health/welfare, pension, and compliance services directly comparable to HS&BA's platform.
• McGregor & Associates: Third-party administrator specializing in Taft-Hartley multiemployer benefit plans, offering pension, health and welfare, and trust fund administration services directly comparable to HS&BA.
• BeneSys: Taft-Hartley focused third-party administrator providing benefits administration, claims processing, and pension services to multiemployer trust funds — direct overlap with HS&BA's core service set.

Broad incumbents

• Milliman: Global actuarial and consulting firm with a dedicated multiemployer/Taft-Hartley practice providing benefits administration, pension actuarial services, and consulting to trust funds comparable to HS&BA's customers.
• Alliant Insurance Services: Large insurance brokerage and benefits firm with multiemployer/Taft-Hartley practice providing consulting, brokerage, and ancillary administration that overlaps with HS&BA's service set at a larger scale.
• The Segal Group: Large independent actuarial and benefits consulting firm serving multiemployer and Taft-Hartley plans with consulting, pension administration, and health benefit services — broader scope than HS&BA but overlapping customer base.
• OneDigital: PE-backed national benefits and HR consulting firm that has actively consolidated Taft-Hartley and multiemployer TPAs, providing competitive pressure on independent players like HS&BA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hs-ba/?viewAsMember=true

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Health Services & Benefit Administrators