Concord Management Resources is a New Jersey-based company founded in 2017, specializing in healthcare plan administration for various insurance entities, particularly MEWAs licensed across the United States. The company offers a range of services, including insurance consulting, regulatory compliance, financial statement preparation, budgeting, product design, and reserve setting. Concord has a strong track record, having established several Association/MEWA health plans and Single Employer Trust arrangements in multiple states over the past 20+ years. The company's expertise and infrastructure enable it to support these plans, effectively reducing their overhead and start-up costs.
Concord's services extend to managing regulatory filing requirements, working with state insurance departments and the Department of Labor, and providing ongoing administrative support. The company is committed to lowering overall administration expenses for all its health plans by leveraging the strengths of its staff. Though the precise details of the company's last investment and investors are not available at present, Concord's focus on providing comprehensive and efficient healthcare plan administration solutions positions it as a key player in the insurance industry, offering potential opportunities for investment and growth.
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