The Florida Bar Private Health Exchange

urlAssociation name: The Florida Bar

Marketplace name: The Florida Bar Private Health Exchange

CEO or Practice Leader: Member Benefits, Inc., is the administrator of The Florida Bar Member Insurance Program

Main Location / Headquarters: FL

Founded / Launched: Enrollment began October 2013 for coverage beginning January 1, 2014

Website: Please click here

Membership/number of lives currently on platform: TBD

Segment size preference (“target business size”): Available to Florida lawyers; both individual members and employer groups

The private exchange was created in two components:

  • “Individual Marketplace,” designed to provide an array of insurance choices for individuals and small employer groups with less than five employees
  • “Employer Exchange” for employer groups with five or more employees, which features multiple health insurance provider options for employees, group voluntary products like dental, vision, disability, and term life. It also has a cafeteria plan and defined contribution.

States of operation (if available):  Florida

Are employers required to use a defined contribution: Not required, but has the option in the group space

Health Carriers Offered: Medical plan options currently include Blue Cross & Blue Shield of Florida (FloridaBlue), Cigna, Humana, Aetna, and United (Golden Rule)

Ancillary/Specialty Carriers offered:

Decision Support: Employees receive enrollment assistance from decision support technology through the exchange, as well as through the assistance of live benefits counselors and also have the opportunity to access subsidized coverage through the private exchange or the federal public site, Healthcare.gov.

The technology platform utilizes a “Best Fit” decision support tool. “Best Fit” is an interactive decision support tool that aids in the insurance shopping process by helping individuals make a more informed and personalized decision across a range of plans – all through an engaging experience. “Best Fit” guides the individual through the buying process by asking a few simple questions and then suggesting the plan that best fits his or her individual needs. Matching your requirements with the most suitable deductible, coinsurance, co-pays, prescription drug coverage, and provider network can dramatically reduce your total out of pocket costs and save you money.

Standard or Custom Product Configuration: TBD

Do they Utilize Other Technology Company Solutions:  Yes. The private exchange is built on a custom technology platform coordinated by Member Benefits, Inc.

Single-carrier or Multi-carrier: Multi-carrier