Enable a consumer-friendly marketplace experience
With increasing healthcare costs, it’s more important than ever for companies to deliver consumer-oriented, cost-conscious employee health plans. Key provisions of the Affordable Care Act (ACA) have also transformed the traditional perspective on benefit eligibility, requiring employers to expand their focus to include their entire employee population.
Give employers the ability to offer the choice and guidance their employees need to make smart buying decisions. BENEFITFOCUS® Large Employer Marketplace provides a private exchange platform that encourages employees to become responsible healthcare consumers, while helping employers manage the cost and risk of benefits.
Under the individual mandate, everyone is eligible for some type of coverage, whether employer-sponsored or a federally subsidized Qualified Health Plan (QHP). This represents an opportunity for you. Offer a single platform to manage eligibility and enrollment for a whole workforce population—from full-time and part-time employees to variable hour workers and retirees. Benefitfocus Large Employer Marketplace integrates with the public exchange and voluntary benefits providers. Employees now gain access to a wide array of benefits to meet their individual and family needs, helping increase employee satisfaction, retention and performance.
- Guided Shopping with recommendation engine
- Medicare plan shopping support
- Plan comparison tools and cost estimators
- Educational videos
Build Brand Loyalty
Benefitfocus Large Employer Marketplace enables you to create a stress-free benefits experience within a private exchange that reflects your corporate brand and integrates decision support tools, helping employees make more informed benefit decisions. You can tailor shopping workflows and deliver recommendations based on the consumer’s profile and eligibility status, directing them to the plans that best fit their individual and family needs.