Marketplace name: Aon Hewitt Corporate Health Exchange
CEO or Practice Leader: Ken Sperling – National Practice Leader
Main Location / Headquarters: Lincolnshire, IL
Website: Please click here
Membership/number of lives currently on platform: Approximately 600,000 lives
Segment size preference (“target business size”): Aon can provide health solutions for all sizes but targets “jumbo” sized employers
States of operation (if available): National
Are employers required to use a defined contribution: Yes
Carriers Offered: Uses a combination of nationwide and regional insurance carriers including Aetna, Kaiser Permanente, Health Net, UnitedHealth, HealthCare Services Corps, and several blues plans
Decision Support Tools: According to the company’s website, the Aon Hewitt Corporate Health Exchange features a wide range of consumer-based decision support tools that enable individuals to quickly and easily sort and filter benefit options by price, insurance company and/or plan type using Aon Hewitt’s proprietary exchange portal. Individuals in the Aon Hewitt Corporate Health Exchange will also have access to a wide range of benefits experts and advisors—including Aon Hewitt’s Advocacy Support team—to answer questions and provide guidance during enrollment and throughout the year.
“Plan Comparison” tool allows consumers to compare high-level design features across plans.
The “Network Coverage” tool helps consumers search for a network’s doctors and hospitals.
“Need Help Deciding?” tool walks employees through a step-by-step decision process to select the plan based on their ability to handle an unexpected medical expense versus the desire to minimize their payroll deduction
How does exchange get compensated: TBD
Standard or Custom Product Configuration: Plans on Aon’s exchange must fit one of five standardized designs, including: Bronze, Bronze Plus, Silver, Gold and Platinum.
Do They Utilize Other Technology Company Solutions:
Single-carrier or Multi-carrier: Multi-carrier