True Choice Private Marketplace

top_logoCompany name:  The Centennial, Bolton & Company and Sequoia

Marketplace name: True Choice Private Marketplace

Technology used to power platform: The PlanSource OneMarket platform

CEO or Practice Leader: Matthew Hanson, President of The Centennial

Launched: November 2014

Main Location / Headquarters: Costa Mesa, CA

Website:  Please click here

Membership/number of lives currently on platform: Not available

Segment size preference (‚Äútarget business size‚ÄĚ):¬†Under 100 market

States of operation (if available): California

Are employers required to use a defined contribution: Not required but utilizes a defined contribution tool that will help employers rein in costs and show employees the full value they are getting with their benefit choices.

Carriers Offered: Utilizes a lineup of existing partners on the PlanSource OneMarket Exchange including Aetna, Anthem Blue Cross, Health Net, Kaiser Permanente, Sharp, Western Health Advantage, and UnitedHealthcare

Decision Support Tools: Utilizes an easy-to-use plan recommendation engine that allows employees to quickly enter their needs and find a personalized benefits package that fits their family. Employees enroll in 4 guided steps with decision support to help them make the choice that rights for them

How does exchange get compensated: TBD

Standard or Custom Product Configuration:  Utilizes a robust lineup of existing products and plan choices from the PlanSource OneMarket Exchange

Do they Utilize Other Technology Company Solutions: Yes

Single-carrier or Multi-carrier: Multi-carrier