Data continues to roll in attesting to the efficacy of the private insurance exchange, an exchange modeled after those pioneered by the Patient Protection and Affordable Care Act but operated by non-government and non-insurance firms.
One such exchange — the RightOpt private insurance exchange from Buck Consultants at Xerox — has reported impressive outcomes.
In a release this week, Buck said clients that have migrated their employees to RightOpt reported an average 3.7 percent decrease in claims costs on a year-over-year basis. This compares favorably to the 5 percent to 8 percent average increase most plans are experiencing, Buck said.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
