Engage Private Exchange results in third consecutive year of lower than trend increases.
Ft. Lauderdale, FL – Sept. 30, 2014 – Engage PEO, a leading professional employer organization providing HR outsourcing solutions to small and mid-sized businesses, today announced that it has renewed its Master Medical Plans with Aetna for calendar year 2015.
“Engage’s Private Exchange provides affordable healthcare choices to employees, which re-introduces consumerism in the purchasing of medical insurance,” said Jay Starkman, chief executive officer of Engage. “The results are clear: higher participation levels, rate stability, employee engagement and employer comfort in the knowledge that they are fully compliant with the Affordable Care Act’s many mandates.”
“These are objective indications of the success of Engage’s model,” said Dorothy Miraglia, executive vice president of Engage Insurance. “This is the third year in a row that Engage’s healthcare renewals have provided rate stability to customers. This rate stability allows Engage’s customers to better budget and plan for their annual labor burden.”
The Aetna plans focus on market-driven products, including regional HMOs and ACOs, POS and national PPO options. The plans and solutions provide healthcare reform compliant solutions to Engage PEO clients and their employees across the United States, tailored to their industry, specific needs, size and location.
“Aetna is one of, if not the, leading provider of healthcare and employee benefits in the country,” said Starkman. “In our continuous mission to provide our clients and their employees with the best solutions available for all aspects of their human resources needs, a partnership with a carrier of Aetna’s quality and reach is essential. The Aetna team’s quest to provide the American employee the best medical insurance on the market reinforces Engage’s mission.”
About Engage PEO
Engage PEO delivers comprehensive HR solutions to small and mid-sized businesses, sharpening their competitive advantage. Comprised of the industry’s most respected veteran professional employer organization executives, certified HR professionals and attorneys, Engage PEO provides hands-on, expert HR services and counsel to help clients minimize cost and maximize efficiency for stronger business performance. The company’s superior service offering includes a full range of health and worker’s compensation insurance products, payroll technology and tax administration, risk management services and best-of-breed technology as part of an extensive suite of HR services. For more information visit www.EngagePEO.com