Mercer adds major carriers to Mercer Marketplace

Mercer adds major carriers to Mercer Marketplace

Mercer adds major carriers to Mercer Marketplace private benefits exchange

  • April 25, 2013
  • United States, New York

•       Several nationally known providers of dental, vision, life, disability, and other benefits sign on to offer coverage through Mercer’s private exchange for 2014 enrollment, bringing the current total including recently announced medical providers to 20

•       Mercer Marketplace will include a wide array of product offerings for the upcoming 2014 health plan enrollment period

Mercer, a global consulting leader in talent, health, retirement, and investments, today announced that several nationally known providers of dental, vision, life, disability, and other benefits have signed on to offer coverage through Mercer’s comprehensive benefits exchange for active employees and their families, Mercer Marketplace.

Employers that make Mercer Marketplace available to their employees for the 2014 plan year will be able to offer a wide range of benefits in addition to medical coverage. Mercer Marketplace offers a single place for members to meet all their insurance needs and access tools – including online and telephone support – to help them tailor their personalized portfolio of benefits.

The following insurers, in addition to the medical carriers announced April 15, have agreed to partner with Mercer:

•       Allstate Benefits

•       Delta Dental

•       EyeMed Vision Care

•       InfoArmor

•       ING U.S.

•       MetLife

•       Prudential Group Insurance

•       The Hartford

•       Unum

•       VPI Pet Insurance

•       VSP® Vision Care

“Employers will be able to offer their employees a one-stop destination for the purchase of all their benefits and insurance needs, while actively managing spending and administrative responsibilities,” said Sharon Cunninghis, Senior Partner and North America leader of Mercer’s Health and Benefits business. “Their employees will be able to create a personalized benefits package from an array of traditional and voluntary benefits offered by multiple insurance providers. They will have a choice of options at different price points, allowing them to better manage their benefit dollars.”

About Mercer Marketplace

Mercer Marketplace allows employers to continue offering competitive benefits to their workforce, a key attraction and retention tool, while actively managing their spending and administrative responsibilities. Employers have the flexibility to determine how much to contribute toward the cost of their benefits program and can select from a wide range of insured and self-funded products to offer to their workforce. The platform includes full benefits outsourcing and will support employees with call center and online decision support during the enrollment process and beyond. More information about Mercer Marketplace is available from Mercer consultants and online at www.mercermarketplace.com.

About Mercer

Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s 20,000 employees are based in more than 40 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 53,000 employees worldwide and annual revenue exceeding $11 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @MercerInsights.

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