Are Private Exchanges Meeting Employer Expectations?

A growing number of small and midsize firms are reaping the benefits of private health insurance exchange platforms that are simplifying shopping for insurance coverage, administering plans, containing costs and achieving better outcomes. Larger companies, however, continue to wait on the sidelines to see what transpires. Jonathan Rickert, CEO of Array Health, offers his perspective on the market in this Employee Benefit News article by Bruce Shutan. “These private exchanges have gotten so sophisticated now that what a midsize group sees is very similar to what a larger group sees. What’s been really fun to watch for the last couple of years is seeing the quality of the user experience improve dramatically for even the smallest of employers.” Read the full article here.