Mercer has jumped into the exchange game. The consulting firm Thursday announced the launch of Mercer Marketplace, a private benefits exchange designed to help employers and employees by offering them a one-stop-shop for their benefits from multiple insurance providers.
The exchange will be available to employers with at least 100 employees.
Mercer executives cite employee benefit transition as their reason to open up the exchange. Julio Portalatin, Mercer president and CEO, says that "a number of critical factors"— including the unsustainable rise in benefit costs, health care reform, consumer-driven solutions and improving technology—is changing the way benefits will be delivered to consumers.
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