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Products October 7, 2013
Hub Expands Private Health Care Exchange for Employers
October 7, 2013 (PLANSPONSOR.com) – Hub International Ltd. announced that its employee benefits practice has expanded its private exchange nationally to provide more options for both employers and their employees.
Reported by Kevin McGuinness
Hub is offering its private exchange in partnership with Liazon Corporation, utilizing that company’s Bright Choices Exchange. The Hub exchange strategy enables clients to save money by structuring their health benefits on a predictable, budget-based platform and will be customized by geographic location and each client’s unique needs.
Currently, the national carriers participating include Aetna, Allstate, Anthem, MetLife and United Health Care, with several more in discussion. Additionally, regional carriers have been selected by each Hub regional employee benefits team, based on their ability to deliver best-in-class solutions to clients in local markets. A full range of benefit options is available, including medical, dental, vision, disability and life insurance.
“We have carefully selected the carriers that we want to partner with in each local market, giving our clients access to preferred carriers in their area who are best suited to meet their unique needs,” said Joseph Torella, president of employee benefits for Hub International Northeast.
Headquartered in Chicago, Hub International Ltd. is a global insurance brokerage providing employee benefits, property, casualty, risk management, investment and wealth management products across the United States, Canada, Puerto Rico and Brazil.