Case Study
An Exchange Brings More Choice and Greater Value for the Benefits Buck
19% HDHP $603/mo 55% HMO $645/mo 23% POS $755/mo 3% POS $831/mo 14% PPO $654/mo 86% POS $756/mo An Exchange Brings More Choice and Greater Value for the Benefits Buck + + A New York-based 250-employee residential property manager Why a private exchange was a good fit The company wanted to offer more choice to their employees in an effort to better fit the wide spectrum of demographics their population represented. They chose a defined contribution model to simplify the way their contribution is delivered and communicated, increase price transparency and employee awareness, and create a sustainable strategy for controlling costs into the future. More choice With the Exchange (2015) Employees had a choice of four Medical plans including an HDHP, and a whole host of new ancillary plans.