The Affordable Care Act (ACA) has led many employers like you to fundamentally reconsider every element of workforce management. You may be exploring new models for administering health benefits to your employees and looking for innovative ways to help reduce the cost of your health care plans – and one of those methods may be using a Private Exchange.
Employers may gravitate to Private Exchanges for many reasons: you want to ‘outsource’ to experts the time consuming and expensive annual process of selecting and pricing benefits carriers and plans and obtain assistance with ACA regulatory compliance in an increasingly complicated environment. Or, you may want to help your employees become more value-conscious healthcare buyers.
But exactly what are Private Exchanges? And how do you know what to look for when selecting one? What are the benefits of a Private Exchange and how can you determine if it would be the right approach for your business?
To help you understand the role Private Exchanges can play in your overall benefits strategy, listen to our latest webinar, New Year, New Benefits Strategy: The Role of Private Exchanges.
This insightful and informative panel discussion includes:
- The types of Exchange models available in the market;
- The current and anticipated growth rates of Exchanges;
- The types of businesses that have been early adopters and why;
- The benefits and risks of different funding models;
- What to look for when evaluating an Exchange model;
- The role of user experience and decision support in employee engagement; and
- Emerging trends
Learn from the experts:
Doug Field, CEO and founder of The Institute for HealthCare Consumerism
Arthur Hall, Senior Vice President, National Practice Leader Employee Benefits, USI
Gerry Leonard, President, Benefit Services, ADP, LLC