Archives: Website News

Tom Martel, SIIA

HealthComp’s Chief Growth Officer Shares Insight on the TPA/Broker Relationship at SIIA 2022

Earlier this week, some of the HealthComp executive team attended the Self-Insurance Institute of America (SIIA) National Conference. This conference is the world’s largest self-insurance event and provides industry leaders a space to connect with potential customers and business partners, as well as spend valuable time in educational panels and sessions related to self-insurance. Our …

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Battling Rising Healthcare Costs

Employers Battling Rising Healthcare Costs Seek Innovative Cost Saving Solutions

Employer healthcare costs are projected to rise by 6.5% in 2023[1]. Employers and brokers are increasingly interested in finding innovative solutions to save on the cost of healthcare. In a July 2022 survey conducted by The Occunet Company, 90% of employers indicated they would be interested in adopting a reference-based pricing health plan option for …

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HealthComp partners with Tribal Edge

Native American-Owned Insurance Firm Selects Preferred Vendors HealthComp And Elixir To Expand Service Offerings For Indian Country

Tribal Edge Insurance, a Native American‐owned brokerage firm, is excited to announce it has selected preferred vendors HealthComp, a third party administrator for self-funded health plans, and Elixir, a pharmacy benefits and services provider. These newly formed alliances will bring a more robust benefit offering to Indian Country. “We are excited to offer these preferred …

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HealthComp Rebrand

HealthComp Unifies Its Operations with Brand Consolidation and Integration

HealthComp brand and operation unification aims to bring agile benefits to more members nationwide Fresno, CA [August 2022] – HealthComp is proud to announce a consolidation of its brands under one unified operation. HealthComp’s businesses, including Benefit Administrative Services, LLC, Gilsbar Health & Life, Significa Benefit Services, and Benefit Assistance Company, LLC, will migrate their …

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Chad Harris CEO of HealthComp

HealthComp Appoints Chad Harris as Chief Executive Officer

HealthComp Holding Company LLC (“HealthComp” or “the Company”) a leading Third-Party Administrator (TPA) of healthcare benefits for self-funded employers, today announced that it has appointed Chad Harris as Chief Executive Officer, effective immediately. Mr. Harris succeeds Prasad Chintamaneni, Managing Director with New Mountain Capital, who served as the Company’s Interim Chief Executive Officer since March, …

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HealthComp Acquires Gilsbar’s TPA Division

FRESNO, Calif.–(BUSINESS WIRE)–HealthComp Holding Company LLC (“HealthComp” or “the Company”), a New Mountain Capital company and a leading Third-Party Administrator (TPA) […]

Chad Harris

Chief Executive Officer


Chad Harris serves as the CEO of HealthComp and is a value-driven healthcare leader with over twenty years of experience running business process and information technology businesses as a senior executive. Chad has a reputation for creating and controlling rapid growth by focusing on the intersection of customers, market dynamics, and the new digital world.


Chad has held many senior executive positions and led global teams of more than 10,000 people across dozens of counties. Chad has grown both large and small businesses, from those with less than $100M of revenue to those producing multiple billions of revenue, focusing on delivery, customer satisfaction, and innovation to create market leadership.


Chad's philosophy is to inspire change by doing what comes naturally, putting the needs of others before his own, working incredibly hard, and focusing on "how" to accomplish things, never "if they can be accomplished."

Thomas Martel

Chief Growth Officer


Tom serves as the Chief Growth Officer at HealthComp. In this role, Tom focuses on strategic initiatives aimed at accelerating HealthComp’s growth nationwide. His passion lies in assessing market and enterprise structures and creating efficiencies that enable teams to deliver best-in-class performance.


Previously, Tom led Cigna’s largest employer segment, largest region which was comprised of several health plans including the two largest health plans. He worked closely with Market Presidents and their leadership teams to develop and execute local market strategy and deliver growth for the enterprise. Tom earned his degree from Saint Anselm College and holds certifications from The Wharton School and the Darden School of Business at the University of Virginia. In his spare time, he enjoys sailing and holds a Master Captain’s license with the U.S. Coast Guard. He is also active in community outreach programs including local food bank and shelter services.

Sanoj Balakrishnan

Chief Technology Officer


Sanoj Balakrishnan serves as the Chief Technology Officer at HealthComp. In this role, he oversees the company’s overall technology strategy and architecture, building secure and highly scalable distributed systems.


Most recently, Sanoj served as Head of Healthcare Digital Business and Technology at Cognizant, working with payers and providers in developing solutions that reduced healthcare costs and provided a best-in-class experience for members. Earlier in his career, he worked at technology organizations in a variety of software engineering and architecture roles. Sanoj earned his B.S. from University of Mumbai and Computer Systems Management from National Institute of Information Technology.

Justin Tran

Executive Vice President, Product


Justin serves as the Executive Vice President of Product at HealthComp. He has 8 years of experience in developing and delivering solutions that reduce health care costs, improve quality, and provide a best-in-class experience for members. Most recently, Justin was an Associate Partner and business unit leader at McKinsey & Company where he helped large carriers and healthcare technology companies build new clinical services and solutions for fraud, waste, and abuse. Justin earned his B.S. in Accounting and Data Informatics from Indiana University, Bloomington.

Tucker Stein

Chief Financial Officer


Tucker serves as the Chief Financial Officer of HealthComp. Tucker previously worked for The Boeing Company in a number of finance and strategy roles, most recently as a finance lead for the Transactions and New Business Development group. In this role, Tucker led investments and strategic partnerships for Boeing’s Space and Communications portfolio. Tucker earned his MBA at Stanford’s Graduate School of Business and his Bachelors of Science at the University of Redlands.

Tom Georgouses

General Counsel


Tom is involved in multiple areas of HealthComp including Operations, Compliance and Legal Affairs. Tom was admitted to the California Bar in 1990 and started his legal career with Stammer, McKnight, Barnum and Bailey, LLP. When he left the firm to join HealthComp in 2014, he was the Managing Partner (he had represented HealthComp since 2003). In private practice, Tom’s areas of focus included healthcare and transactional work. Tom holds a Bachelor of Science Degree in Business Administration-Finance from California State University Fresno and received his Juris Doctorate from San Joaquin College of Law.

Rishab Bansal

Chief Transformation & Operations Officer


Rishab serves as the Chief Transformation & Operating Officer at HealthComp. Rishab focuses on transforming and modernizing HealthComp’s operations to provide delightful and distinctive experiences to its members, providers, and clients. His agenda includes integrating all entities towards a One HealthComp vision, driving profitable growth, and delivering value and business outcomes.


In his former work over the last 2 decades, he has helped clients across industries to transform themselves by bringing industry-leading practices and digital and data-led disruption. As the trusted advisor to the C-suite, Rishab helped his clients leapfrog on their transformation journey to accelerate business outcomes and helped them unlock new opportunities to drive profitable growth, profitability, and enhanced experience for their employees and clients.

Elaine Davis

Chief Human Resources Officer


Elaine Davis serves as CHRO for HealthComp. Elaine previously served as CHRO for Continuum Global Solutions and has served in executive leadership positions for Xerox and GlaxoSmithKline. Elaine holds Bachelor’s and Master’s degrees from the University of California at Berkeley.