TMCnet News
Blue Cross and Blue Shield of Illinois' Private Exchange Now Offers Employers Increased Plan Options, Member Support and Transparency ToolsCHICAGO, July 27, 2015 /PRNewswire-USNewswire/ -- Blue Cross and Blue Shield of Illinois (BCBSIL) today announced several enhancements to its Blue Directions self-service, private exchange solution for large employers, and available now for the upcoming 2016 benefit plan year. Based on a defined contribution strategy, Blue Directions allows employers to commit a flat-dollar amount of money to each employee for coverage. The employee can then use this amount toward the purchase of benefits unique to their needs. BCBSIL's Blue Directions platform brings many of the same features of online shopping to the selection of employer-sponsored benefits. This convenient, user-friendly microsite helps employers easily select benefit plans, manage enrollment, anticipate expenditures and customize contribution strategies. "The Blue Directions private exchange platform offers start-to-finish enrollment support that helps employees understand their health care options – minimizing an HR administrator's workload and helping members become more engaged in their health care choices," says Lisa Feddema, executive director, Exchange Management, BCBSIL. "Our goal is to take the complexity out of designing and administrating employee benefits program, making it a seamless process for both HR administrators and employees." Blue Directions helps make enrollment easier:
In addition to health benefits, employers can also provide members with specialty lines of coverage for dental, vision, life, short and long-term disability, critical illness, and accident and hospital indemnity. Blue Directions is available to large employers headquartered in Illinois. For more information on Blue Directions, please visit bcbsil.com/blue-directions.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blue-cross-and-blue-shield-of-illinois-private-exchange-now-offers-employers-increased-plan-options-member-support-and-transparency-tools-300119203.html SOURCE Blue Cross Blue Shield of Illinois |