Cobalt Benefits Group

Cobalt Benefits Group (CBG) is a full-service third-party administrator (TPA) that has specialized in the customization, marketing, and operation of self-funded employee benefit plans for over 30 years. Serving more than 200,000 members nationally, Cobalt operates as a family of trusted TPA brands including Blue Benefit Administrators of Massachusetts (a venture with Blue Cross Blue Shield of Massachusetts), CBA Blue (a venture with Blue Cross Blue Shield of Vermont), and EBPA (a privately-held TPA specializing in ancillary benefits). With over 195 employees across locations in Exeter, NH and South Burlington, VT, Cobalt helps employers and brokers reduce costs, enhance quality, and improve the member experience through flexible, self-funded plans backed by the Blue Cross Blue Shield network. Their comprehensive suite of services includes administration of self-funded medical and dental plans, flexible spending accounts, health savings accounts, health reimbursement arrangements, COBRA management, tuition reimbursement programs, direct billing services, and a member engagement platform. Cobalt was acquired by Hylant in 2021, expanding their capacity to serve middle-market employers nationwide.