Marketplace name: Johnson Insurance Marketplace
Technology used to power platform: bswift platform
CEO or Practice Leader: Mark Behrens -President of Johnson Insurance; Michael Derdzinski – Senior Vice President of Employee Benefits for Johnson Insurance
Main Location / Headquarters: Racine, Wisconsin
Founded / Exchange Launched: April 1, 2014
Website: Please click here.
Membership/number of lives currently on platform: TBD
Segment size preference (“target business size”): Businesses with less than 50 employees
States of operation (if available): Wisconsin – Johnson Insurance has offices throughout the state, but initially, the roll-out will concentrate on businesses in southeastern and northeastern Wisconsin.
Are employers required to use a defined contribution: Yes
Carriers Offered: According to a company press release, negotiations to include products from additional carriers continue, but five insurance carriers have joined and are participating in the marketplace exchange so far. These carriers are: United Healthcare, Humana, Common Ground Healthcare Cooperative, Network Health Plan and WPS Health Insurance/Arise Health Plans
Decision Support: Employees have access to decision making tools to help guide them through the registration and selection process. Johnson Insurance professionals will also provide assistance to employees as they enter the marketplace.
How does exchange get compensated:
Standard or Custom Product Configuration: The carrier offer a choice of four to six insurance plans
Do They Utilize Additional Technology Company Solutions: Yes
Single-carrier or Multi-carrier: Multi-carrier