Fiserv Picks Up TPA

January 8, 2001 ( - Fiserv has acquired Benefit Planners, a third-party provider of administrative services for employee benefit programs.

Benefit Planners was formed in 1982 to provide claims and administrative services to self-funded employer health plans. The company services more than 200 self-insured employer groups representing over 300,000 participants throughout the United States, Latin America, Europe and the Middle East. Benefit Planners currently has more than 500 employee benefit staff.

Benefit Planners will continue operations under the same management team, operating philosophy and corporate culture as before the acquisition. The company’s headquarters will remain in Boerne, Texas, near San Antonio.

Brookfield, Wisconsin-based Fiserv provides integrated data processing and information management systems to the financial industry, and currently serves the insurance processing needs of more than 2,300 clients nationwide.