About Cobalt Benefits Group

As a trusted third-party administrator (TPA) specializing in self-funded benefit plans, Cobalt Benefits Group is committed to helping employers find flexible, high-quality coverage at a cost they can afford. We administer self-funded insurance benefits through our portfolio of four TPA companies: Blue Benefit Administrators of Massachusetts (BBA), Comprehensive Benefits Administrators (CBA Blue), Employee Benefit Plan Administrators (EBPA), and Great Bay Administrators (GBA).

With over 60 years of experience and a dedicated team of more than 200 employees, our team collaborates with broker partners to build customized self-funded health plans, manage claim payments, and administer a wide range of ancillary products.

Optimize member health and experience by delivering cost-effective, tailor-made benefit programs through a data-driven and service-oriented approach.

To be foremost advocate for clients, brokers, and employees - setting the standard for value within the third-party administrator market.

A Legacy of Innovation in Self-Funding

1963
1963

EBPA is Founded

EBPA is founded in Hampton, New Hampshire, where it begins marketing and administering medical plans.

1986
1963

CBA is Founded

Comprehensive Benefits Administrators, Inc (CBA) was founded in South Burlington, Vermont, offering customized, self-funded dental plans. Over the next several years, CBA expanded to offer self-funded health plan administration, creating its own Preferred Provider Network (PPO).

1999
1999

EBPA Acquired From Cigna

After growing to 60,000 members, CBA was acquired by Catamount Insurance Services, a subsidiary of BlueCross BlueShield of Vermont – prompting an increased investment in claim management technology. CBA then acquired Employee Benefit Plan Administration (EBPA) from Cigna Healthcare, expanding benefit offerings into New Hampshire, Maine and New York.

2007
2007

Cobalt Benefits Group Formed

CBA members gain access to the national Blue Cross Blue Shield (BCBS) network, leading the company to rebrand as CBA Blue. Building off the success of CBA Blue, Cobalt Benefits Group is founded. The new company was a joint venture between BCBS of Vermont and BCBS Massachusetts – expanding our reach under Blue Benefit Administrators of Massachusetts (BBA).

2015
2015

Investment in Technology

Cobalt Benefits Group continues to invest in next-generation technology and claims systems – including solutions that offer best-in-class security.

2024
2024

Growing Regional Presence

Cobalt Benefits Group operates as a family of trusted third-party administrator brands, including Blue Benefit Administrators of Massachusetts, Comprehensive Benefits Administrators (CBA Blue), and EBPA. Serving more than 200,000 members nationally, we help employers and brokers reduce costs, enhance quality, and improve the member experience through flexible, self-funded plans backed by the Blue network.

Blue Benefit Administrators of Massachusetts (BBA) is a TPA for self-funded health plans and wholly owned subsidiary of Blue Cross Blue Shield of Massachusetts.

Visit BBA

Comprehensive Benefits Administrators (CBA Blue) is a TPA for self-funded health plans and wholly owned subsidiary of Blue Cross Blue Shield of Vermont.

Visit CBA Blue

Employee Benefit Plan Administrators (EBPA) offers self-funded health plans, dental plans, and ancillary solutions.



Visit EBPA

Great Bay Administrators (GBA) is an independent, service-first TPA that gives brokers and employers more transparency, flexibility, and control.

Visit GBA

Executive Leadership

Jim Brown

EVP and Chief Revenue Officer

Dustin Eggers

EVP and Chief Strategy Officer

Matt Ferguson

EVP and Chief Operating Officer

Jessica Hier

Chief Financial Officer

William J. Meehan

President and Chief Executive Officer

Rob Stokes

SVP Organizational Efficiency and Innovation

Sales and Client Services Leadership

Cody Dodge

VP and Chief of Staff

Rick Dumont

Senior Director of Client Onboarding and Implementation

Jessica Hurteau

Senior Director of Client Services

Kathy Tarbell

VP of Sales and Client Services

Caroline Ward

Director of Sales and Strategic Partnerships

Operations Leadership

Brenda Cubit

Managing Director of Claims

Lisa Sawade

Director of Service Operations

Paula Stuck

Senior Director of Claims

Chris Cassino

VP of Information Technology and CISO

Careers at Cobalt

At Cobalt Benefits Group, we believe building successful partnerships starts with an exceptional team. Join us as we match employers across our region with the right solutions for their employee benefit needs.

Apply Now

Ready to learn more?

Schedule a call to discover how we can help you on your self-funding journey.

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