BlueMarket

exchange_bluemarket

Company name: BlueCross BlueShield of Tennessee

Marketplace name: BlueMarket

Technology used to power platform:

CEO or Practice Leader: John Maki, Vice President of regional sales for BCBST

Main Location / Headquarters: Chattanooga, TN

Founded / Exchange Launched:  Will launch for employer groups and their employees, on January 1, 2015

Website: Please click here

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”): Available to both fully-insured and self-funded groups of at least 151 employees.

States of operation (if available): Tennessee

Are employers required to use a defined contribution: Can be structured as a traditional defined-benefit plan or as a defined-contribution plan

Carriers Offered: BlueCross BlueShield

Decision Support: Employee decision support tools are available

How does exchange get compensated: TBD

Standard or Custom Product Configuration: BlueMarket will offer seven medical plan options

Do they Utilize Other Technology Company Solutions:

Single-carrier or Multi-carrier: Single-carrier