Private benefit exchanges

Health insurance giant teams with tech-fueled brokerage on new benefits marketplace aimed at mid-sized companies.

Providers are offering narrow networks and a greater variety of plans, giving employees more choice, according to PwC’s Barbara Gniewek.

Vinay Gidwaney, chief product officer and co-founder of Maxwell Health, speaks about the company’s vision for a subscription-style benefits delivery model.

Providers are looking to bulk up their marketplaces with features that provide employees with more choice, say experts.

Traditional group coverage is dropping as employers help workers find other options, including private exchanges.

Some group programs are being dropped and workers being moved to individual private exchanges.

Specializing in a business sector allows advisers to intelligently discuss an employer’s most pressing problems.

CEO Rob Butler says the offering his company recently unveiled bundles onboarding, private exchange, ben admin, and other functionality

Plan sponsors will not be well-served by a cookie-cutter approach, says insurance expert Sima Reid.

Offering a cookie-cutter model does not service the needs of clients, says insurance expert Sima Reid.