Wellness and private exchanges are both big trends in the benefits industry. And Willis is planning to capitalize on both with its new exchange.

The global risk advisor, insurance and reinsurance broker last week announced its launch of The Willis Advantage, a private insurance exchange that allows employers to set fixed contribution levels toward the cost of medical, dental, vision and other benefits for employees and their families.

The exchange also will include a suite of worksite wellness programs and services designed to motivate employees to take control of their health care and their money.

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