One platform so flexible it can meet you anywhere on your benefits journey–whatever your benefits strategy.
Every year it’s the same old balancing act: keeping your health care costs low while providing high-quality benefits for your employees. But what if you could control your health benefit costs while offering your employees more personalized coverage options? Now you can with the bswift Marketplace.
bswift Marketplace enables employers of all sizes to provide an engaging, intelligent and personalized retail experience for “consumer style” benefits shopping.
Here’s how it works: first, you decide how much money you want to give your employees for benefits and what benefit products you’d like to offer. Leverage our inventory or bring your own relationships and products to the table.
Simplifying Benefits Technology
The one solution to meet your needs—from simple ben admin to a full private marketplace or many places in between.
bswift Marketplace features:
- Ask Emma, our interactive benefits advisor
- Defined Contribution
- End-to-end enrollment, eligibility and billing processes with featured carriers
- Automated new hire, life event, and status change communications and transactions
- Highly configurable HR benefits portal organizing your health and welfare, wellness and other employee benefits
- Reliable electronic payroll and carrier system connections
Stocking the Shelves
Stores are only as good as their products, and benefit exchanges are no different.
bswift Marketplace includes:
- A wide variety of health plan options – both insured and self-insured – from numerous carriers across the country
- Ancillary and voluntary benefits, including dental, vision, life, disability, accident insurance and more from leading carriers
- The ability to purchase care directly – including dental visits, massage therapy, acupuncture, chiropractic visits – at negotiated network discounts
- Wellness solutions such as weight loss and fitness products and programs
- Additional benefits such as pet insurance, legal insurance, identity theft protection and more
bswift Marketplace is more than a place for employees to shop for benefits—we bring a wonderful personal touch.
It supports your benefits program throughout the year with:
- Simplified end-to-end enrollment, eligibility and billing processes with featured carriers
- Integrated FSA and COBRA administration
- Insightful ACA compliance resources
- Easy to use on-demand benefits reporting
- Reliable payroll system connections
- Enrollment Call Center
- Dependent verification
- Fulfillment Services
Select Consulting Services
Leverage our team of benefits consulting experts to deploy your private marketplace.
- Exchange Product Strategy, Benefit Design and Actuarial Support
- Plan Financial Performance Assessments & Reviews
- Communications and Change Management Support
- 5500 filing services and Non-Discrimination Testing
Selecting the Right Partner
Health and benefits exchanges are sometimes compared to online travel sites, although the analogy is oversimplified. Booking a flight is a one-time transaction, while health exchanges must manage constantly changing information about the consumer and the contributions made on behalf of the consumer by the employer or the government. bswift Marketplace provides the people and tools to help guide you and your employees through that complex process seamlessly and efficiently year round.
So what are you waiting for? Contact us to learn more today.