Highmark Inc. to Speak about “The Evolution of Private Exchange”
SEATTLE, Wash. – May 15, 2014 – Array Health, a provider of private exchange technology, will exhibit (booth #834) at the 2014 Blue National Summit May 19-22 in Orlando. Array Health will demonstrate its private exchange solution, Array Spectrum™, for health plans to sell their products and partnered products to employees of large and small groups, as well as individuals and retirees.
Health plans can leverage the Array Spectrum™ private health insurance exchange to support end-to-end consumer engagement for marketing, selling, enrolling, managing, renewing and administering health and ancillary benefits. The Array Spectrum™ solution also features Member Marketplace and SmartFit™ decision support technology (patent pending) designed to increase consumers’ confidence in their plan selection.
On Wednesday, May 21, 1:45 – 2:45 p.m. ET, Bill Brown, manager of digital distribution at Highmark Inc. (Highmark), will present a session at the summit titled, “The Evolution of Private Exchange.” Brown will share the Pennsylvania-based health plan’s keys to success and lessons learned from implementing Highmark’s private exchange with the cloud-based, software as a service, Array Spectrum™ solution.
Additionally, Brown will speak about the defined contribution funding model and how it is gaining traction among employer groups. He will discuss employers’ ability to predict costs with a defined contribution funding model, as well as the ease of administration, and the opportunity to provide employees with greater choice (more medical options, as well as access to ancillary benefits) through private exchanges.
Highmark is the fourth largest Blue Cross and Blue Shield-affiliated company in the nation. The Array Spectrum™ solution powers its MyBenefits and MyRetireeBenefits private exchanges.
About Array Health
Array Health is a leading provider of private insurance exchange technology. Its cloud-based software platform enables insurers of any size to power their own branded online exchanges—a strategic channel that helps them compete and thrive in the post health-reform world. With its next generation Member Marketplace and support for diverse funding models, insurers win and retain business by giving employers a way to control costs and members a better way to buy benefits. Array Health is a privately held company based in Seattle.
For Array Health