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What is a Private Health Exchange?

Written by: PeopleKeep Team
August 9, 2011 at 10:30 AM

A private health exchange is a health insurance exchange run by a private company. Health plans and carriers in a private exchange must meet certainwhat is a private health exchange criteria defined by the exchange management. 

Private exchanges often include online eligibility verification, and mechanisms for allowing employers who connect their employees with exchanges to offer defined contributions

Zane Benefits offers its own Private Health Exchange.  Another example of a large private exchange is Extend Health, Inc., founded by Zane Benefits' founder Paul Zane Pilzer, which created the first private Medicare Exchange in 2006. 

Note: None of this should be taken as legal or tax advice.

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Topics: Health Exchange

Additional Resources

Trying to decide which HRA is best for you? Take our quiz to find out.
Get our guide on how to offer health benefits with a small budget.

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