4 trends affecting insurers this year
3. Private insurance exchanges
The number of private health insurance exchanges will likely rise this year as more companies consider private exchanges as a way for their employees to buy health insurance using a defined contribution.
For example, IBM and Time Warner have both decided to move some retirees to private exchanges where they can shop for individual coverage using a health retirement account.
"Our expectation is that private exchanges will continue to grow in popularity in 2014, as they give employees an opportunity to customize coverage and provide a predictable amount of spend for the employer," DeVore wrote.
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