Private exchange

China Emerges as a Key Player: Health Insurance Exchange (HIX) Market to Reach $24.9 Billion by 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 9, 2023
COVID-19, Other Consumer, Technology, Insurance, Professional Services, Health Insurance, Software, Health, Consumer, Pressure, New Mexico Health Insurance Exchange, Government, COVID, TPA, Compound annual growth rate, Climate change, Investment, Private exchange, Risk, Growth, MNsure, HIX, Food, Video game, Tourism, Arms industry

The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 14.8% CAGR

Key Points: 
  • The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 14.8% CAGR
    The Health Insurance Exchange (HIX) market in the U.S. is estimated at US$2.3 Billion in the year 2022.
  • China, the world's second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 14.8% over the analysis period 2022 to 2030.
  • The report provides a comprehensive analysis of the global Health Insurance Exchange (HIX) market, focusing on different geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, and Rest of the World.
  • The study covers the recent past, current, and future trends in the market for the years 2022 through 2030.

Global Health Insurance Exchange Market Report 2022: Rising Demand for Reduction in Healthcare Costs to Propel Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 21, 2022
Health, Professional Services, Insurance, Managed Care, Health Insurance, Ansoff Matrix, Third-party administrator, SWOT, Component, Government, Operation, Private exchange, Porter's five forces analysis, Risk, Growth, Maintenance (technical), QA, Investment, COVID-19, TPA, Public exchange, IV, Observation, Market development, Geography, Risk management, Retail, Software, Maintenance

By End User, the market is classified into Government Agencies, Third Party Administrators (TPAs), Brokerage Firms, & Consultancies, and Health Plans/Payers.

Key Points: 
  • By End User, the market is classified into Government Agencies, Third Party Administrators (TPAs), Brokerage Firms, & Consultancies, and Health Plans/Payers.
  • The report presents a detailed Ansoff matrix analysis for the Global Health Insurance Exchange Market.
  • The analyst analyses the Global Health Insurance Exchange Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • The report offers a comprehensive evaluation of the Global Health Insurance Exchange Market.

The GEO Group Announces Commencement of Exchange Offers and Consent Solicitations for Certain of Its Outstanding Debt Securities

Retrieved on: 
Tuesday, July 19, 2022
Security, Technology, Other Construction & Property, Other Technology, Construction & Property, REIT, News, Prospectus, Constitutional amendment, Private exchange, Time, Risk, Settlement date, Securities Act of 1933, Register, Company, Registration statement, SEC, GEO Group, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Securities Exchange Act of 1934, Holder in due course, Exchange offer, Convention to propose amendments to the United States Constitution, Security (finance), Exchange, GEO, Workforce, Bed, Debt-to-GDP ratio, Term, Surety, Collateral, Support, Solicitation, NYSE, Old, Ownership, United Kingdom, Rehabilitation, Transport, Documentation, Form, Sale, Consent, Credit, SOFR, Exit consent, Life insurance, Note, News & Notes

Holders of Old Notes that tender such Old Notes will be deemed to have given Consent to the Proposed Amendments with respect to the Old Notes.

Key Points: 
  • Holders of Old Notes that tender such Old Notes will be deemed to have given Consent to the Proposed Amendments with respect to the Old Notes.
  • The description above includes only a summary of certain key terms of the Exchange Offers, Consent Solicitations and the New Notes.
  • Copies of the Prospectus pursuant to which the Exchange Offers and Consent Solicitations are being made may be obtained from D.F.
  • King & Co., Inc., the information agent and exchange agent for the Exchange Offers and Consent Solicitations.

HealthSherpa Announces New Hires Jeff Pollock and Rob Fitzgerald, Formerly of GuideWell Connect

Retrieved on: 
Monday, December 6, 2021
Implementation history of the Affordable Care Act, Insurance, CEO, Marketing, Technology, Industry, Software as a service, Medicare, Health, Engineering, EDE, ACA, SAN, Application, Telemarketing, HealthSherpa, Private exchange, Enhanced Direct Enrollment, Marketplace, Solution, Department, United States Department of Health and Human Services, Medicine

Rob Fitzgerald and Jeff Pollock both spent several years at GuideWell Connect.

Key Points: 
  • Rob Fitzgerald and Jeff Pollock both spent several years at GuideWell Connect.
  • At GuideWell Connect, Rob directed the execution, delivery and support of white-labeled web sales solutions to issuer clients for their Individual U65 and Medicare market segments.
  • Jeff Pollock was responsible for developing new carrier sales partnerships through sales of Marketing Services, Telesales and an Enrollment & Application SaaS platform.
  • It is an honor to be part of that mission and work alongside George, Ning, Cat and everyone at HealthSherpa."

Mark Farrah Associates Assesses Private-Sector Health Insurance Business for the New York City Area

Retrieved on: 
Wednesday, July 28, 2021
Professional services, Health, Insurance, Finance, General Health, Banking, Companies, UnitedHealth Group, Health insurance, Cigna, Medicare, Economy of the United States, Health care, Health insurance in the United States, Private exchange, 5500 Employer Health Plus, Mark Farrah Associates (MFA), 5500 EMPLOYER HEALTH PLUS, MARK FARRAH ASSOCIATES (MFA)

Mark Farrah Associates (MFA), www.markfarrah.com , presents an analysis of the top insurers and employers in the New York City area, gleaned from 5500 Employer Health Plus , a product designed to simplify the analysis of the 5500 series data.

Key Points: 
  • Mark Farrah Associates (MFA), www.markfarrah.com , presents an analysis of the top insurers and employers in the New York City area, gleaned from 5500 Employer Health Plus , a product designed to simplify the analysis of the 5500 series data.
  • The top insurers competing for health insurance market share in New York City include UnitedHealth, Anthem, Cigna and CVS.
  • MFAs 5500 Employer Health Plus has been designed to simplify the analysis of employer health and welfare benefits including medical, dental, vision, disability and other benefits.
  • Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal , Medicare Business Online , Medicare Benefits Analyzer , County Health Coverage , Health Plans USA and 5500 Employer Health Plus .

Community First Health Plans to Enter the Affordable Care Act Marketplace Leveraging Softheon's Cloud Enrollment and Billing Solution

Retrieved on: 
Tuesday, July 13, 2021
Health insurance marketplaces, United States federal legislation, Excises, Internal Revenue Code, Omnibus legislation, Presidency of Barack Obama, Statutory law, Health insurance marketplace, Health in the United States, Private exchange, Affordable Care Act

STONY BROOK, N.Y., July 13, 2021 /PRNewswire/ -- Community First Health Plans (Community First) has partnered with Softheon, a leading cloud-based health insurance exchange and private exchange technology provider, to enter the expanding Affordable Care Act (ACA) Marketplace.

Key Points: 
  • STONY BROOK, N.Y., July 13, 2021 /PRNewswire/ -- Community First Health Plans (Community First) has partnered with Softheon, a leading cloud-based health insurance exchange and private exchange technology provider, to enter the expanding Affordable Care Act (ACA) Marketplace.
  • Community First Health Plans to use Softheon, private exchange technology provider in NY, to enter the ACA Marketplace.
  • Recent legislation and increased stability to the Marketplace has led to many health plans to begin positioning themselves to enter the Marketplace to capitalize on this growing opportunity.
  • For over 26 years, Community First Health Plans has been inspired by the communities in which we live and work.

Health Insurance Platform KindHealth Announces Beta Release of Marketplace Builder & SmartCensus

Retrieved on: 
Thursday, June 10, 2021
Healthcare reform in the United States, Health, Health insurance, Medicare, Articles, Private exchange, Health insurance in the United States

KindHealth, an all-in-one digital health insurance platform, makes it easy for consumers to manage their healthcare spending and understand their coverage.

Key Points: 
  • KindHealth, an all-in-one digital health insurance platform, makes it easy for consumers to manage their healthcare spending and understand their coverage.
  • The marketplace will work with TPA and employers, allowing them to offer customized healthcare options through the marketplace.
  • "Our new Marketplace Builder and SmartCensus feature will give companies a greater opportunity to offer customized healthcare options and track employee enrollment," said Andrew Tomasik, co-founder of KindHealth.
  • KindHealth uses artificial intelligence to connect employees and consumers with health insurance, dental insurance, prescription drug coverage, and Medicare gap insurance that are best suited for them.

Benefitfocus Adds The Standard's Suite of Voluntary Benefits to Benefit Catalog

Retrieved on: 
Wednesday, May 12, 2021
Employee benefits, Private exchange

Benefitfocus also saw an increase in the purchase of hospital indemnity benefits and voluntary life insurance offerings through its Benefit Catalog.

Key Points: 
  • Benefitfocus also saw an increase in the purchase of hospital indemnity benefits and voluntary life insurance offerings through its Benefit Catalog.
  • "We\'re pleased that our voluntary group benefits will be included on Benefits Catalog to offer additional choices that enhance the consumer enrollment experience.
  • "\nBenefitfocus\' Benefit Catalog provides employers, brokers and health plansthe ability to offer customers more than 85 market-leading specialty benefits products from morethan 45 leading brands.
  • This product catalog provides a simplified enrollmentexperience that bringsall categories of voluntary benefits together in one place.Find out more about Benefit Catalog here.\nBenefitfocus(NASDAQ: BNFT) unifies the entire benefits industry through innovative technology solutions that bring efficiency, cost savings and simplicity to employee benefits administration.

Small business employers remain committed to employees through benefits

Retrieved on: 
Monday, May 10, 2021
Business, Articles, Economy, Employee benefits, Employment, Unum, Small business, Private exchange, Self-funded health care

b'COLUMBIA, S.C., May 10, 2021 /PRNewswire/ -- A report published by Colonial Life earlier this yearshows despite a shaky economy, small business employers have made it a top priority to provide financial protection and health benefits to their employees.

Key Points: 
  • b'COLUMBIA, S.C., May 10, 2021 /PRNewswire/ -- A report published by Colonial Life earlier this yearshows despite a shaky economy, small business employers have made it a top priority to provide financial protection and health benefits to their employees.
  • The report is based on the findings of a survey conducted by Colonial Life\'s parent company, Unum.\nExperience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8691556-unum-colonial-life-small...\n"While there remains some uncertainty and financial strain for many small employers, benefits, benefits education and worker attraction and engagement remain major priorities," said Richard Shaffer, Senior Vice President of Field and Market Development.\nThe Small Business Benefits Trend report also found:\n36% of small businesses are planning to hire new employees.\n76% of small business will keep their benefits packages intact or add more benefits in 2021.\n20% of small businesses plan to increase the employer portion of premiums paid.\nAnd employees agree the need for these benefits and the financial protection they provide have never been more important.
  • And while federal funding provided some relief, 75% of the small employers surveyed said their overall financial health significantly or somewhat impacted the benefits they planned to offer this year.\nThis data point, coupled with employees\' elevated interest and need for financial protection options, has led to the steadily increasing interest in leveraging voluntary benefits as a solution.\nVoluntary benefits offer a customizable solution for the specific needs of businesses and their employees.
  • They can provide flexibility to employees catering to certain stages of life and lifestyles.\nThese benefits can also provide flexibility to employers by offering various funding options like 100% employee-paid or employer-employee shared funding.\nContact your local benefits representative to learn more about offering voluntary benefits to your employees.\n*Unum, parent company to Colonial Life, Employer Survey, 2020.

4 Trends Benefits Brokers Will Focus On As Pandemic Subsides

Retrieved on: 
Wednesday, May 5, 2021
Articles, Employee benefits, Welfare, Taxation in the United States, Human resource management, Private exchange

In the employee benefits space, voluntary benefits previously thought of as "nice to have" today are a "must have" in benefits packages.

Key Points: 
  • In the employee benefits space, voluntary benefits previously thought of as "nice to have" today are a "must have" in benefits packages.
  • "Following more than a year of responding to COVID-19 challenges to employers, benefits brokers need to help their clients navigate this new world.
  • For many, this means employers will consider adding more voluntary benefits such as financial well-being options to their offerings.
  • Benefits brokers should encourage clients to offer benefits that address different aspects of financial well-being.