About Us

We work with you to create innovative solutions that produce results

At Benefit Systems (BSI) we are innovators, problem solvers and experts. We use our vast knowledge and experience in the benefit and healthcare industy to deliver vetted, data driven, customized solutions that address your issues and achieve your objectives.

We are fixated on providing tools and strategies that make your organization prosper.

A Welcome Message From Our CEO Lawrence F. Thompson

Trusted Advisory services for TPA’s, Health Plans,
Health Systems, and Large Employers

For over twenty years, Benefit Systems, Inc. has been providing advice and solutions for a wide variety of constituents in the healthcare industry. We proudly serve providers, payers, administrators, brokers, investors and reinsurers. We have experience and knowledge in most sectors of the industry and are always driving innovation and increased efficiency.

MEET OUR LEADERS

BSI is focused on fully customized solutions. To do this we harness our leadership skills with select expert advisors who provide knowledge for each unique engagement. This network of experts include some of most talented and experienced advisors who have all been selected for their delivery and results. Our experience and knowledge crosses all facets of the healthcare delivery system focused heavily on benefits and self insured programs.

Lawrence F. Thompson

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Mr. Lawrence Thompson is the President and Chief Executive Officer of Benefit Systems, Inc. (BSI) a healthcare advisory and solutions firm he founded in 2002. BSI provides Consulting and Solutions to Employers, Payers, Providers and Administrators.

Concurrently, he was the Chief Strategy and Revenue Officer at Advanced pricing Solutions (AMPS) until the end of 2022. He joined the company after selling his other consulting company, Inventios, LLC. to AMPS in September 2019. He was responsible for strategic development and revenue growth for the company.

Prior to that, Mr. Thompson was the President of Health Insurance Company of America and President for Pomco, Inc. – a reinsurance carrier and one of the largest independent TPA’s in the US.

Before joining Pomco he was he was SVP of HelathNow New York, Inc. which owned two Blue companies and a large TPA (HNAS). His responsibilities included P&L for all commercial Blue business, TPA and brokerage operations, totaling over $2.8 billion annually. He also served as COO of Healthnow Administrative Services (HNAS) a TPA and brokerage company in Blue Bell, PA and Sacramento, CA.

Prior to joining HealthNow he was the CRO for Healthaxis a public BPO and Technology company in Dallas, TX. The company provided technology and BPO services for health plan administration at insurance companies, health systems, TPA’s and others.

Mr. Thompson also founded and operated his own TPA in California and Arizona. He grew this TPA to over 120,000 members before he sold it in 2001. Before this he was the EVP of Dun & Bradstreet Plan Services for 8 years with P&L responsibility for 16 national insurance companies group programs. Mr. Thompson started his career with Aetna where he was an Account Executive handling life, health, pensions and international benefits.

Mr. Thompson is a past Chairman of the Self Insurance Institute of America (SIIA), a past President of both his local  NABIP and NAIFA chapters, a past Board Member of CAHU and has served on several non industry Boards. He has been very active in shaping both State and Federal healthcare regulation. He is an accomplished speaker having delivered over 650 presentations nationally.

Steve Manzelli

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Mr. Stephen Manzelli has been the EVP of BSI since 2017 and is also CEO of his own company SSMMC. He has 33 years of multi-faceted customer experience in the insurance field, ranging from serving individuals, Fortune 500 companies and a variety of aggregators in the healthcare vertical. Beyond his current role at BSI, Mr. Manzelli has worked with Mr. Thompson for the last 15 years; this has included growth leadership roles at Advanced Medical Pricing Solutions (AMPS), co-founding Inventavis consulting, POMCO and HealthNow/HealthNow Administrative Services (HNAS). Prior to that, Mr. Manzelli had progressive leadership roles at JLT Services, Hewitt Associates (prior to AON merger) and Travelers Insurance.

Mr. Manzelli’s accomplishments cut across a wide range of top-line functions including sales and new market development, client management and related profitability enhancement. His goal remains to stay at the forefront for insurance product and service design, strategic partnership development, healthcare technology augmentation and business strategy insight to help healthcare entities grow their top and bottom lines.

Current engagements include a variety of aggregators in the insurance vertical, including but not limited to health systems, TPAs, insurance carriers, associations, large employers, Taft Hartley groups, leading-edge technology, product and service firms, and PE/VC firms.

Services

Advisory

We offer a wide range of advisory services including strategic and business planning, operational assessment and enhancement.

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Customized Solutions

At BSI we don’t just create specific solutions to navigate this complex industry but to succeed and thrive within it.

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Vetted Vendors

We maintain a constant view of the top vendors in the space as well as the new innovators. Then we select the best.

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Why Choose Us

BSI is a different kind of company. We are dedicated to our clients and their success. We are flexible and develop our relationships and programs to meet your needs. We start with a blank slate for every new client and listen – truly listen. We ask lots of questions and learn rapidly. We respect the expertise of our clients and work to enhance them. We are minority owned and completely inclusive. Most of all we are always honest, transparent, responsive, engaged and reliable. If you chose us you truly gain a new partner invested in your success.

News And Updates