Roach Howard Smith & Barton Launches Private Exchange

Texas-based firm offers employers a unique solution for health benefit options
By: Roach Howard Smith & Barton
 
DALLAS - Sept. 23, 2015 - PRLog -- Dallas, Texas – A unique private health care marketplace is now available for businesses through Roach Howard Smith & Barton.

The Assurex Global Private Exchange is a private marketplace platform that gives employers an unprecedented range of administrative flexibility and employee health benefit options.

Roach Howard Smith & Barton, as an Assurex Global Partner, is proud to offer this flexible insurance plan customization to middle market employer groups.

“This platform is all about choice, giving both employers and their employees options for designing a benefits plan that works for them,” said Larry Pittman, Roach Howard Smith & Barton, Vice President & Principal.

In collaboration with a leading employee-benefits outsourcing partner, Businessolver, this private exchange allows employers to maintain a competitive advantage by offering best-in-industry benefits while removing the heavy lifting of benefits administration. The key advantages include:

• The ability to choose either a defined contribution or a defined benefits plan

• A prepackaged set of medical and ancillary benefits for employers and their employees

• Support for Affordable Care Act record-keeping responsibilities

• Business data integration that enhances the benefit administration experience

• Flexible decision support tools that make employee choice easier

“Our product allows employers the flexibility to keep their current benefits program or choose from a wide variety of networks, plans and contribution strategies, including defined contribution strategies that limit employer costs,” said Jim Hackbarth, president and CEO of Assurex Global.

Within the next five years, nearly 20 percent of employees nationwide are expected to get their health insurance through a private exchange, according to Accenture Research.

The Assurex Global Private Exchange offers national and regional carriers, as well as a variety of ancillary options, such as vision, dental and voluntary product offerings. Depending on the market, specific plans and carriers may vary.

About Roach Howard Smith & Barton (http://www.rhsb.com/):

Roach Howard Smith & Barton is a leading independent insurance brokerage firm providing business insurance and risk management solutions to companies of all sizes and personal insurance to individuals and families. A member of Assurex Global the world’s largest privately held risk management and commercial insurance brokerage group. RHSB has offices in Dallas and Fort Worth, Texas.


About Assurex Global

Assurex Global is the world’s largest privately held commercial insurance, risk management and employee benefits brokerage group. With $29 billion in annual premium volume and more than 600 Partner offices, Columbus, Ohio-based Assurex Global (http://www.assurexglobal.com/) combines the local expertise and global reach of international brokers on six continents.

Contact
Laura Harshbarger
***@rhsb.com
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Source:Roach Howard Smith & Barton
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Tags:Private Exchange, Employee Benefits, Health Insurance
Industry:Insurance
Location:Dallas - Texas - United States
Subject:Products
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