TailorWell Marketplace

exchange_tailorwellCompany name: TailorWell

Marketplace name: TailorWell Marketplace

Technology used to power platform: Own proprietary technology

CEO or Practice Leader: Peter Morris, President & CEO

Main Location / Headquarters: Seattle, WA

Founded / Exchange Launched:  January of 2013

Website: Please click here.

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”): Small to medium-sized employers: 5 to 500 employees

States of operation (if available): Washington, Oregon and Utah

Are employers required to use a defined contribution: No – defined contribution and defined benefit programs are supported

Carriers Offered: TailorWell is continuously adding new carrier and vendor offerings to the Tailorwell marketplace.

Current Benefit Offerings:

  • Medical Plans
  • Supplemental Insurance Plans
  • Dental Plans
  • Vision Plans
  • Life Insurance
  • Disability Plans
  • Dependent Care Reimbursement Account
  • Flexible Spending Account
  • Health Savings Account
  • Direct Primary Care
  • Telemedicine
  • Patient Advocacy
  • Pet Insurance

Decision Support: 

  • Provides helpful information to explain terms and concepts.
  • Suggests pre-packaged benefits designed to meet the needs of different individuals and families.
  • Includes “My Benefits” – an individualized, private webpage that employees visit to manage their benefits, gain helpful information, or add additional products.
  • Allows individuals to compare plans and provides summary explanations.
  • The TailorWell Answer Center offers online chat and telephone support from licensed agents.

Standard or Custom Product Configuration: Depends on needs of the client

Single-carrier or Multi-carrier: Multi-carrier