Auxiant

Auxiant is a Third Party Administrator (TPA) of self-funded benefit plans, offering independent solutions and real results. Based in the United States, the company has been operating since 1982 and specializes in customization, technological tools, and cost-control and health management for over 60,000 employees. With administrative offices in Madison, Wisconsin and Cedar Rapids, Iowa, and sales offices in Cedar Rapids, Iowa and Milwaukee, Wisconsin, Auxiant focuses on providing cost-management strategies and medical management programs to help plan sponsors achieve the lowest medical spend. As a member of the Society of Professional Benefit Administrators (SPBA) and the Society of Self Insured Administrators (SIIA), Auxiant is dedicated to caring for both employers and the individuals covered under their health plans. Despite being a well-kept secret, TPAs are essential, with approximately 2/3 of all employee benefit plans in the U.S. utilizing TPA services. With the increasing costs of medical care, the careful administration of employer health plans has become more crucial than ever. Auxiant's approach includes providing tools for plan participants to navigate the complexities of health care purchasing. While emphasizing the importance of employer health plans, the company focuses on minimizing employer expenses through effective plan administration and health management. Although there is no available recent investment information, Auxiant's commitment to excellence and innovation in the Financial Services and Health Care industries positions it as an influential player within the TPA sector.