Company name: Lockton
Marketplace name: Lockton Select Marketplace
Technology used to power platform: Partnered with SelectQuote Benefit Solutions
CEO or Practice Leader: Mike Smith -Director of Exchange Solutions.
Main Location / Headquarters: Kansas City, MO
Founded / Exchange Launched: May 2013
Website: Please click here.
Membership/number of lives currently on platform: TBD
Segment size preference (“target business size”): No target size; will offer the private health insurance exchange to its employer clients who serve retirees.
States of operation (if available): Available to Lockton’s employer clients
Are employers required to use a defined contribution:
Carriers Offered: Offers an array of carriers
Decision Support: Offers decision support tools and end-to-end communications
How does exchange get compensated:
Standard or Custom Product Configuration: Retirees, age 65 and older, and any disability Medicare recipients, have access to Medicare Supplement, Medicare Advantage, and prescription drug plans
Single-carrier or Multi-carrier: Multi-carrier