October 7, 2014 – Lincolnshire, IL – Covered Lives Expected to Increase by 60%; Participating Companies Expected to Grow More than 40%.
Aon Hewitt, the global talent, retirement and health solutions business of AON plc, today announced that it expects more than 1.2 million employees, retirees and their eligible dependents from more than 100 companies to choose individual and employer-sponsored health benefits through Aon’s suite of private health exchanges. This is up from more than 70 companies and over 750,000 employees, retirees and their eligible dependents. As a leader in health solutions, Aon also administers traditional, self-insured health benefits for more than 9.5 million employees and retirees.
Aon’s suite of market-leading exchange solutions—which includes the Aon Active Health Exchange and the Aon Retiree Health Exchange—are part of a comprehensive portfolio of health care solutions designed to meet the full range of companies’ health priorities. Participating companies represent more than 19 different industries, including finance, manufacturing, retail, health care, technology and business services.
“Our exchange solutions offer companies an innovative way to lower costs and increase choice for employees and retirees by leveraging competition and consumerism,” said Cary Grace, CEO of Aon Exchange Solutions. “The strong growth and significant interest in our exchanges reinforce that private health exchanges create a more powerful and efficient market for health insurance and improve the way it is evaluated, purchased and used.”
Click on the extenal link below to review the entire article: