Retain small business clients with our Private Exchange
Small to medium-sized businesses are struggling with high health insurance premiums, which can lead them to switch to a competing insurer or cancel coverage altogether.
Our Private Exchange helps you preserve your small group membership by:
- Providing employers with cost predictability. With a defined contribution arrangement, employers separate the cost of benefits from the cost of insurance. Employees receive a monthly health benefits allowance from their employer. That helps stabilize costs for the employer and enable employees to choose the best coverage for them and their family.
- Eliminating the reason employers switch. It’s simple. Once an employer has moved to a defined contribution approach, there’s no financial incentive to change insurers or cancel coverage. With more satisfied clients, you’ll experience greater retention and membership growth.
- Offering your products exclusively. Unlike the State Health Exchanges that will offer products from competing insurers, the Private Health Exchange offers only your products.