UnitedHealthcare Joins The Horton Group Health Insurance Private Exchange
PR Web |
“As brokers, we are conscious that businesses need health insurance solutions that provide employees with: choice, ease of use and a high-quality buying experience in a model that is cost effective for the employer,” said
The Horton Group’s private exchange emphasizes simple solutions for both employers and employees. Employers have the option to extend benefits with third party health services and ancillary product providers. Employees have access to a 24/7 self-service web portal and live guidance from licensed health care specialists.
“Our single platform incorporates a cost control mechanism that gives our customers more control when determining total benefits spending,” said Olson. “Employers can shift employees to a fixed cost, defined contribution strategy to reduce annual renewal increases. They can also use decision support services to prevent penalties while delivering essential minimum benefits.”
The Horton Group’s exchange is designed to reduce employers’ workload through simplified policy management, billing, cross-functional chargebacks and reconciliation. It will improve efficiency by integrating data from carriers, HRIS, payroll and other vendors.
“Essentially, our private exchange is a win-win solution for the employer and employee,” said Olson.
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