Delaware Employee Benefits Exchange

exchange_delawareCompany name: Chesapeake Insurance Advisors

Marketplace name: Delaware Employee Benefits Exchange

Technology used to power platform: Liazon’s Bright Choice’s platform

CEO or Practice Leader:  Robert Houser –CEO of Chesapeake Insurance Advisors

Main Location / Headquarters:  New Castle, Delaware

Founded / Exchange Launched: July 2012

Website: Please click here.

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”):

States of operation (if available): Delaware and surrounding states

Are employers required to use a defined contribution: Yes; defined contribution platform

Carriers Offered: Aetna, Cigna, MetLife, Humana, Coventry, Highmark BCBS of Delaware, CoventryOne of Delaware and Maryland

Decision Support: Utilizes the Bright Choice’s decision support and education tools

Standard or Custom Product Configuration: Offers a private exchange platform with both standard and customized benefits plans for both full time and part time employees.

Single-carrier or Multi-carrier: Multi-carrier