Initial Group of 5 Major Employers – Ranging from 800 to 25,000 Employees – Will Offer Benefits Through Mercer Marketplac...
16 7월 2013 - 12:34AM
Business Wire
Five major US employers have signed on to offer their employees
a range of medical, dental, life, disability, and voluntary benefit
choices for 2014 through Mercer Marketplace, with additional
employers in active discussion to move in this direction in 2014
and 2015.
The employers, which cannot be named publicly until their
employees are informed during the upcoming annual enrollment
process, represent a range of sizes and industries. Some will offer
self-funded medical and dental plans on the exchange while others
will offer fully insured plans. The industries represented are
retail, transportation, media, food and beverage, and professional
services; the employers range in size from 800 to 25,000
employees.
“We are thrilled to welcome these five employers as
early adopters for offering benefits through our private
exchange for 2014," said Julio A. Portalatin, Mercer’s President
and CEO. “As their diversity illustrates, Mercer Marketplace
is flexible and easily tailored to an employer’s size, needs,
and financing preference. Mercer Marketplace can be scaled to
employers with as few as 100 employees, with no upward limit.
Medical and dental plans can be self-insured or fully insured, and
while a defined contribution approach is an option it is not a
requirement. Employees will enjoy greater empowerment with various
choice options as well.”
With the Administration’s recently announced one-year delay of
the health reform law’s employer mandate, employers continue to
move toward compliance with the law’s requirements in 2014 and
2015. In addition to helping employers manage costs, simplify
administration, and enhance member experience and coverage, Mercer
Marketplace facilitates employers’ compliance with the health
reform law’s many requirements.
“These employers view Mercer Marketplace as a way to enable
their employees to cost effectively personalize coverage,
streamline plan management, and help employees navigate the
complexities of making benefit choices in a post-reform world,”
said Eric Grossman, Mercer’s Exchange Business Leader. “Some are
using Mercer Marketplace to facilitate a transition to a defined
contribution approach to providing benefits. Others are using the
exchange as a way to move toward standardizing benefits that
currently vary among disparate employee groups. All are adopting
our exchange now as the best way to meet their key benefit
priorities.”
Since Mercer Marketplace was launched in January, it has been
expanded to offer voluntary benefits to employees and dependents
that are not eligible for company-sponsored medical benefits. This
provides added flexibility to employers who are developing
strategies for various parts of their workforce.
About Mercer Marketplace
Mercer Marketplace allows employers to continue offering
competitive benefits to their workforce, a key attraction and
retention tool, while actively managing their spending and
administrative responsibilities. Employers have the flexibility to
determine how much to contribute toward the cost of their benefits
program and can select from a wide range of insured and self-funded
products to offer to their workforce. The platform includes full
benefits outsourcing and will provide employees with call center
and online decision support during the enrollment process and
beyond. More information about Mercer Marketplace is available from
Mercer consultants and online at www.mercermarketplace.com.
About Mercer
Mercer is a global consulting leader in talent, health,
retirement and investments. Mercer helps clients around the world
advance the health, wealth and performance of their most vital
asset – their people. Mercer’s 20,000 employees are based in more
than 40 countries. Mercer is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the
areas of risk, strategy and human capital. With 53,000 employees
worldwide and annual revenue exceeding $10 billion, Marsh &
McLennan Companies is also the parent company of Marsh, a global
leader in insurance broking and risk management; Guy Carpenter, a
global leader in providing risk and reinsurance intermediary
services; and Oliver Wyman, a global leader in management
consulting. For more information, visit www.mercer.com. Follow
Mercer on Twitter @MercerInsights.
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