What is a Private Exchange? How do I know a Private Exchange is right for my company? The answers to these and other questions employers are asking relating to Private Exchanges can be found in this Frequently Asked Questions document.
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As employers explore the potential of a private exchange as part of their benefits strategy, they are also investigating and comparing the various funding options that are available. George Katsoudas and Stacy H. Barrow’s whitepaper Private Exchange Funding: Understanding the Rules of Engagement, examines funding methods for private exchanges, particularly HRAs, through the lens of related PPACA, Department of Labor and Internal Revenue Service legislation.
Truth or Myth? I can get out of the “benefits business” if my organization implements a private exchange. The answer: A myth! Check out this presentation that addresses this and nine other myths about private exchanges.
Client Looks to Gallagher for Fresh Approach to Managing Benefits Program & Integrate Acquisitions with Least Disruption to Business
A client wanted a fresh solution to more effectively manage their benefits program and integrate new acquisitions with the least disruption to the business. After assessing the client’s current situation and objectives, Gallagher recommended a defined contribution approach using the Gallagher Marketplace private exchange platform.
Evaluating and Implementing a Defined Contribution Benefits Strategy Within a Total Rewards Framework
Authors Chris Ratajczyk & Rick Strater discuss how a defined contribution benefits strategy can strongly improve employers’ total rewards programs. The whitepaper outlines how to evaluate the potential of this approach.
Defined Contribution and Implementation of Private Exchange Helps Company Align its Business and Reward Strategies to What Employees Value
A client experienced double-digit growth in revenue and employees and wanted to review their benefit programs and create more of a link to their overall business and reward strategies. The result was implementing a defined contribution benefit strategy.
Authors Petula Workman & Evan Kraus discuss in their whitepaper that while private exchanges offer numerous benefits, employers should be careful to note that the use of a private exchange does not relieve them of all of their fiduciary obligations.
Private Exchange Solution Provides Associates Greater Value and Choice While Allowing Company to Stay Compliant and Control Costs
The leadership of Miller-Valentine Group felt the time was right to explore new benefit options such as Gallagher Marketplace that could provide their associates greater value and keeping them healthy while allowing the company to stay compliant and control costs.
The Progress and Potential of Private Exchanges: Evaluating an Emerging Marketplace and Its Opportunities for Employers
Just what are private exchanges and what do they offer employers - now and in the future? Insurance exchanges have become a big topic in an employee benefits environment that's experiencing little relief from cost pressures.
Private exchanges – hype or hope for a better benefits approach? This report analyzes data on exchange enrollees collected from employers, and compares the actuarial values of medical plans and enrollee choices before and after exchange implementation