Towers Watson Unveils OneExchange [Manufacturing Close – Up]
According to a release, OneExchange makes it easy for employers to manage the coverage, quality and cost of private and public health plan choices for all segments of their workforce and retiree populations through a single exchange platform.
"Starting in 2014, the Affordable Care Act establishes guaranteed issue and standard plan designs for all individuals, and federal subsidies for those who meet certain eligibility requirements," said
"Employers that decide an exchange is right for some or all of their workforce and retirees can provide access to OneExchange and realize the benefits of these regulatory changes," said Williams. "They can use OneExchange to fund and oversee the quality and cost of their health care coverage with the counsel of a trusted and experienced advisor from a unified platform."
OneExchange solutions available now include ExtendRetiree, which provides transition assistance for
Also available now for ExtendRetiree is BenefitView, a management dashboard that gives employers real-time information about the progress of retirees as they evaluate and choose plans.
Added Williams, "We expect the vast majority of employers to proceed thoughtfully in leveraging ACA and private and public exchanges. To help guide them,
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