Co-op Medical Plans

Co-op Medical Plans

At TPS Group, we understand the challenges faced by individuals and businesses in finding affordable healthcare options. That's why we're proud to offer Co-op Medical Plans as an innovative solution that empowers members to access quality healthcare at reduced costs.

Unlike traditional insurance companies that focus on generating profits, Co-op Medical Plans are not burdened with excessive administrative costs or tax liabilities.

What are Co-op Medical Plans?

Co-op Medical Plans, or health insurance cooperatives, are member-owned health payment structures that provide affordable health insurance while competing with private insurance companies. These cooperatives are designed to prioritize the needs of their members, ensuring that healthcare costs remain as low as possible without compromising on quality.

How Do Co-op Medical Plans Work?

As a member-owned organization, Co-op Medical Plans are owned and operated by the very people they insure. This unique structure allows for the costs of care to be spread across a large number of members, making healthcare more affordable for everyone involved.

Unlike traditional insurance companies that focus on generating profits, Co-op Medical Plans are not burdened with excessive administrative costs or tax liabilities. This not-for-profit approach ensures that healthcare costs are kept at a minimum, reflecting the actual expenses of providing care to members.

Benefits of TPS Group's Co-op Medical Plans

  1. Member Ownership: Like a credit union, Co-op Medical Plans are owned by their members, ensuring that your best interests are always prioritized. Members can expect better returns on their investments, as well as potential discounts on healthcare services, thanks to the cooperative's low administrative costs and lack of tax liability.

  2. Flexible Options: Co-op Medical Plans can be developed by various organizations, including national, state, or local entities, hospitals, and large employers. This flexibility means that TPS Group can tailor your Co-op Medical Plan to best suit your needs.

  3. Nationwide Presence: Health insurance co-ops already exist across the United States, with many formed by employers with shared interests or needs. Examples include groups of farmers in California or small businesses in Minnesota. This widespread presence makes it easy for you to find a Co-op Medical Plan that aligns with your specific requirements.

By choosing a Co-op Medical Plan you can take control of your healthcare and benefit from lower costs without sacrificing quality. Discover an innovative healthcare solution that puts you first. Contact TPS Group today to learn more about our Co-op Medical Plans and find the best option for you or your organization.

Related to: Group Medical Consultants

Reviews

We look forward to working with TPS Group next year

We look forward to working with TPS Group next year

As another year ends, I want to express my sincere gratitude and appreciation to you and TPS Group for assigning us Krista Blier. Krista provides exceptional customer service and has been a major asset to me and Lynch, Traub, Keefe & Errante, P.C. She is extremely knowledgeable and always accessible. Always on top of the RMD’s, giving me an explanation on form 5500-SF to present to Mr. Keefe & keeping us updated with any account changes as well as specifics. It is a relief knowing I have full faith in Krista and can turn a blind eye to our account. I cannot tell you how many vendors/brokers I have to stay on top of and babysit to make sure our deadlines are met and to perform their job duties. Krista is a pleasure to work with and we look forward to working with her and TPS Group next year.

- Michael Panela

Highly impressed with their level of expertise and outstanding customer service.

Highly impressed with their level of expertise and outstanding customer service.

I highly recommend TPS Group and their quality third-party administration for our 403(b) plan. During our long relationship with TPS Group, we have never failed to be impressed with their level of expertise and outstanding customer service. They keep their promises and it’s easy to work with them. Having our own rep Lauren McNabb is a plus!

- Don Senecal

"Extremely Helpful to Our Business"

"Extremely Helpful to Our Business"

Malinda deserves special recognition. She is prompt, courteous, and professional. We find her to be extremely helpful to our business.

- Angela Simino

"Wonderful To Work With"

"Wonderful To Work With"

My go to professional is Des. A wonderful person to work with. We can count on him to handle all of our needs.

- Andrea Blakeslee

"Answers All Of My Questions In A Clear Manner"

"Answers All Of My Questions In A Clear Manner"

Our case administrator, Susan, has been absolutely wonderful and is a joy to work with. She is very knowledgeable, patient, answers all of my questions in a clear manner, and is professional.

- Kathy Townsend

Extremely Valuable to Myself and Our Company

Extremely Valuable to Myself and Our Company

Kathleen has helped me gather info and understand text so many times and is extremely valuable to myself and our company.

- Elizabeth Robison

Very Responsive And Clear To Requests And Questions

Our service representative, Carol, is outstanding and very responsive and clear to requests and questions. Very professional yet pleasant.

- Jane Surmecewicz

They are a pleasure to work with and we highly recommend their services.

They are a pleasure to work with and we highly recommend their services.

For many years we’ve relied on TPS Group’s extensive knowledge and industry expertise to keep us in compliance with state and federal regulations as well as changes in the law. Their attention to detail is just what we need to keep our business operations running smoothly. They are a pleasure to work with and we highly recommend their services.

- Dan Neal

TPS filled in the gaps within our small HR department

Working with Kim and her talented team helped us fill in the gaps within our small HR department. I strongly recommend TPS for HR tasks that don’t warrant hiring a full-time team. Thanks again Kim!

- Jake F

Knowledge and Expertise

Excellent customer service can be hard to find, but not with TPS Group! I know when I do business with Phil Coco, I can expect a quick response. I rely on his knowledge and expertise, and highly recommend TPS Group for their pension services.

- Mark Catullo

Dependable, experienced, and professional

Dependable, experienced, and professional

Dependable, experienced, and professional, our TPS Group recruiter was an invaluable resource, helping us locate and vet quality talent.

- Tyler R. Vunk

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