exclusive private exchange
The Private Exchange is an online marketplace through which employees and retirees can purchase health insurance and evaluate the differences among plan designs and/or carriers. Biggs Insurance Services has joined a semi-exclusive coalition, called the Western Brokers Alliance (WBA) to deliver a web-based employee enrollment experience to provide health insurance coverage and member support tools.
Features offered through WBA are:
- Online enrollment
- Multi-carrier options
- Employer reporting
- Defined contribution or defined benefit model support
- ACA compliance, including collecting and reporting 1095 forms