Switching Exchanges Leads to Increased Employee Engagement and Appreciation of Benefits Offerings
Switching Exchanges Leads to Increased Employee Engagement and Appreciation of Benefits Offerings
2 PagesSwitching Exchanges Leads to Increased Employee Engagement and Appreciation of Benefits Offerings Company: A 5,000-employee consumer finance company Why they moved to a private exchange... Rapid growth, concern for employees, a commitment to attracting talent, the passage of the ACA, and challenges of managing a large self-funded plan all led to the Company seeking out a better way to provide employee benefits. With over 1,000 locations in almost 20 states, the move to a private exchange was an ideal solution for their disparate workforce. ...then switched private exchanges Employees didn’t understand their new benefits choices available on their existing exchange. In addition, renewal prices from their carrier combined with a lack of decision support and personalized custome
