Marketplace name: OneExchange
Technology used to power exchange: Extend Health’s technology (now owned by Towers Watson)
CEO or Practice Leader: Sherri Bockhorst Managing Director, Group Exchange
Founded / Launched: 2013; with first policies available for coverage as of Jan. 1, 2014.
Main Location / Headquarters: NY, NY
Website: Please click here
Membership/number of lives currently on platform: Approximately 800K including active, individual, & individual Medicare plans
Segment size preference (“target business size”): 1000+ (medium to jumbo sized employers)
States of operation (if available): National
Are employers required to use a defined contribution: No, defined benefit or defined contribution
Carriers Offered: Aetna, Anthem Blue Cross, Anthem Blue Cross Blue Shield, Blue Cross and Blue Shield of Georgia, Empire Blue Cross Blue Shield, Kaiser Permanente, UnitedHealthCare. Additional health insurers are expected to join the Towers Watson exchange
Decision Support: Towers Watson offers online decision support, as well as call center support that includes approximately 2,000+ licensed benefit advisors and trained staff to guide consumers through the process of selecting plans.
How does exchange get compensated: TBD
Standard or Custom Product Configuration: Product offerings are standard across carriers
Do They Utilize Additional Technology Company Solutions:
Single-carrier or Multi-carrier: Multi-carrier