Exchange Technology

An illustration of A Private Insurance Exchange 

 

Employee

Uses employer contribution to select insurance products that best meet employee needs
Gains convenient access to additional health and wellness products  

Employer Does

Contracts with Private Exchange
Sets defined contribution
Selects products to offer employees

The Private Exchange

Offers marketplace of multiple medical insurance products supplied by participating payors
Enhances member options and access to multiple insurance and non-insurance health related benefits

Employer Gets 

Eligible list of members enrolled in each product
Employer/employee contribution levels to manage payroll deductions 
Single bill for all products purchased through the exchange

Administration Support 

24/7 Call Center ▪ In Person Visits with Agent ▪ Web Site ▪ Consumer friendly environment

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This technology permits members to more freely compare and purchase
what they feel is critical or best value to them.
Enhancing the combined buying power of the total Employer/Employee contribution.