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Products July 25, 2014
SelectQuote Offers Private Exchange
July 25, 2014 (PLANSPONSOR.com) – As demand for private health care exchanges grows, SelectQuote Benefit Solutions is offering its own exchange targeted at senior citizens.
Reported by Jill Cornfield
SelectQuote Senior addresses Medicare Supplement, Medicare Advantage and Medicare Part D Prescription Drug Coverage for retirees. Partnerships with employers also allow for integrated enrollment in traditional health care plans for individuals who are younger than age 65.
For plan sponsors, the advantage is being able to transition current retirees and enroll new retirees. The exchanges also manage communication and plan administration, lifting a weight from the organization’s human resources department. Multiple carriers with broad plan offerings let retirees customize plans to fit lifestyle and price range.
Users receive support from licensed Medicare agents when they first enroll, shop for a new plan or add coverage to an existing plan. SelectQuote’s exchange platform also provides choices and side-by-side price comparisons to help manage costs.
More information about SelectQuote Senior is on their website.