Salt Lake City, UT – July 20, 2015 – Leavitt Partners and The Private Exchange Coalition (PEC) today announced the release of a collaborative whitepaper, “Measuring the Disruption Potential of Private Exchanges in a Value Economy”, on the value proposition private exchanges hold within today’s healthcare economy.

Innovative insurance distribution companies strive to help employers in their quest to control health care costs, while simultaneously continuing to attract quality employees. Private Exchanges leverage technology solutions and support employer objectives by:

  • Driving administrative efficiencies for employers;
  • Facilitating economic decision making and engagement;
  • Reconciling today’s e-consumer expectations with the complexities of the employee benefits transaction; and
  • Hastening the confluence of market reforms and consumerism, driving competition, and catalyzing industry innovation.

Leavitt Partners and the PEC believe that private exchanges are an economic and service resource that fulfill employer value requirements, while meaningfully engaging consumers, and contributing to the long-term viability of the employer-sponsored insurance market.

Private exchanges are proving to be a source of tremendous innovation working hand-in-hand with other stakeholders. While they are still finding their footing in the marketplace, we are becoming increasingly persuaded that private exchanges’ capacity to enhance the traditional economic decision making in health plan selection and benefits administration is high.” David Smith, Partner at Leavitt Partners.

This whitepaper examines concrete market examples where private exchanges are executed against these goals and discusses the implications of the developing products and services.