Private exchanges are experiencing hyper growth and will significantly change the role consumers have in personalizing their own employer health benefits.
Richard Birhanzel, Managing Editor, Accenture Health Administration Services
Of those currently enrolled in private exchanges, Accenture estimates 25 percent purchased less health coverage (measured in actuarial value) than they had previously.
Wall Street Journal
…because [AGC’s] private exchange will offer a broader range of options than typically available to individual firms, employers and their employees will get more of the benefits that meet their particular needs. The new exchange will make it easier for firms to comply with the Affordable Care Act requirement. And, unlike many public exchanges, the new private exchange will also provide employees with the guidance and support they need to make good decisions.
Stephen Sandherr, CEO AGC of America