private health insurance exchange Archives

Wal-Mart looks into private health insurance exchange

January 16, 2013 Nordstrom

Wal-Mart begins seeking alternative health insurance solutions Health care overhaul seems to be an unstoppable force in the U.S., and that has put many parties, such as employers, in a somewhat difficult position. As part of the Affordable Care Act, states are being required to host health insurance exchanges. One of the problems concerning these exchanges is that they are designed with consumers in mind, not businesses. Thus, a public exchange system may not be viable for large companies that provide their employees with health insurance benefits. Wal-Mart is among…

Health insurance for workers at Olive Garden to improve

October 12, 2012October 12, 2012 Julie Campbell

Health Insurance for employees at the Olive Garden

Employees have been told that they can expect to see better benefits coming soon. Sears and Darden Restaurants – the company that owns the Olive Garden and Red Lobster chains – has recently revealed their intensions to change the way health insurance benefits will be provided to the workers at those locations. Employees will now have the opportunity to purchase their own plans. The restaurant giant has stated that instead of choosing the plan on behalf of their employees, it will pay them directly in order to allow them to…

WellPoint purchases stake in private health insurance exchange

September 21, 2011 S.Vagus

WellPoint Inc., along with two non-profit insurance companies, has obtained the majority stake in a private health insurance exchange based in Minneapolis, Minnesota. The exchange, called Bloom Health Corp., was founded in 2009 and has helped employers in the state find insurance plans that are right for their business and employees. The exchange is one of the first in the country to see any degree of success and has become something of a standard by which other insurance exchanges can be modeled after. WellPoint, Health Care Service Corp. and Blue…