Dallas-based Roach Howard Smith & Barton announced it is now offering a private health benefit marketplace for businesses.
The Assurex Global Private Exchange is a private marketplace platform that gives employers a range of administrative flexibility and employee health benefit options.
As an Assurex Global partner, Roach Howard Smith & Barton is offering this customizable insurance plan to middle market employer groups.
In collaboration with employee-benefits outsourcing partner, Businessolver, this private exchange allows employers to offer benefits while removing the heavy lifting of benefits administration. The key advantages include:
- The ability to choose either a defined contribution or a defined benefits plan
- A prepackaged set of medical and ancillary benefits for employers and their employees
- Support for Affordable Care Act record-keeping responsibilities
- Business data integration that enhances the benefit administration experience
- Flexible decision support tools that make employee choice easier
Within the next five years, nearly 20 percent of employees nationwide are expected to get their health insurance through a private exchange, according to Accenture Research.
The Assurex Global Private Exchange offers national and regional carriers, as well as a variety of ancillary options, such as vision, dental and voluntary product offerings. Depending on the market, specific plans and carriers may vary.
Source: Roach Howard Smith & Barton
Was this article valuable?
Here are more articles you may enjoy.
Supervisor’s Punching of Employees Enough for Tort Suit, NC Appeals Court Says 
Florida Supreme Court Approves Board Certification in Insurance Law 
Europe’s Insurers Cut Coverage of Weather Losses, Report Says 
Hordes of Teens on E-Bikes Force Suburbs to Rewrite Road Rules 
