Mercer has launched a private benefit exchange. Called Mercer Marketplace and developed by Benefitfocus, the exchange is available to employers with at least 100 employees. It will provide access to a broad array of benefits – both traditional and voluntary – from multiple insurance providers. Additional education tools and support will help employees customize their choices to better fit their needs, according to the company.
In the exchange – which uses cloud-based technology developed by Benefitfocus – employers will be able to determine how much to contribute toward the cost of their benefit program.