Company name: MJ Insurance
Marketplace name: MJ Insurance Private Exchange
Technology used to power platform: Assurex Global Marketplace Platform
CEO or Practice Leader: Michael H. Bill, CEO of MJ Insurance
Main Location / Headquarters: Indianapolis, IN
Founded / Exchange Launched: Launched in April 2014
Website: Please click here.
Membership/number of lives currently on platform: TBD
Segment size preference (“target business size”): Target Middle-market employers
States of operation (if available): Available in both the Indianapolis and Phoenix markets
Are employers required to use a defined contribution: No; ability to choose a defined contribution or a defined benefits plan
Carriers Offered: UnitedHealthcare, Anthem and Aetna along with a host of other medical and ancillary carriers
Decision Support: Flexible decision support tools that make employee choice easier
How does exchange get compensated:
Standard or Custom Product Configuration: Prepackaged set of medical and ancillary benefits for employers and their employees
Single-carrier or Multi-carrier: Multi-carrier
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