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Fraker to Serve as SPBA Secretary/Treasurer

12/12/17

  04:00:00 pm, by MedBen5   , 256 words,  
Categories: Announcements, News, Privacy, Third party administration, Compliance, MedBen Employees

Fraker to Serve as SPBA Secretary/Treasurer

Caroline Fraker

MedBen Vice President of Compliance & Chief Privacy Officer Caroline Fraker will serve as Board Secretary/Treasurer of the Society of Professional Benefit Administrators (SPBA) for the 2018 year. Fraker joined the board in 2015.

As Secretary/Treasurer, Fraker will keep the minutes of the Board meetings, serve as custodian of certain SPBA records, and ensure that SPBA financial management policies are fulfilled in accordance with Board policy.

Fraker was a member of SPBA well before she was invited to join the Board, going back to when she started at MedBen in 1992. The organization performs an instructive role for third party administrators (TPAs) providing benefit services to private and public groups alike, she said.

“SPBA provides education and support to TPAs, and educates lawmakers on the finer points of health benefits," Fraker noted. "Not in any sort of lobbying capacity, but strictly to ensure they have the information they need to make informed legislative decisions.”

Formed in 1975, SPBA strives to advance the goals of benefits administrators as well as to provide advice that helps members better serve their clients and their clients’ plans. SPBA Board members meet monthly via conference call to discuss issues of importance to the Society’s members and their customers. Board members also host twice-yearly conferences open to all SPBA members, which are preceded by Board-only meetings.

A 30-plus year veteran of employee benefits, Fraker assists MedBen clients with regulatory compliance, contractual and risk management issues. In addition to her SPBA responsibilities, she also serves on the Government Affairs Committee of the Licking County Chamber of Commerce.

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