Health insurance exchanges are a great idea – as long as the government isn’t the one running them…
Get ObamaCare Out of the Health Insurance Exchange Business
Health insurance exchanges are a great idea – as long as the government isn’t the one running them.
“In a private exchange, an employer can make a defined contribution to a tax-free group plan chosen by the worker,” explains Robert Moffit. “If the worker purchases a less expensive plan, the worker can keep the difference in savings. A worker who wants a more expensive plan can top off the employer's contribution with her own money.
“In a well-run private exchange, self-insured employers can offer greater flexibility in benefit design, allowing workers and their families choice among a variety of health plans offered by multiple carriers,” Moffit continues. “With cost calculators, plan and provider performance ratings, and easily accessible network and formulary information…[more]