Bswift is renewing its contract with the state of Utah to remain its enrollment and administration technology provider as part of the Utah Health Exchange, which is one of the nation's first working health insurance exchanges.
Bswift won the contract in 2009 to partner with Utah officials to establish the Utah Health Exchange that supports more than 4,600 people from 182 small businesses. Based on a consumer-centric defined contribution model, the Utah Health Exchange offers more than 100 plans from four insurance companies.
Because of this approach, small businesses can more easily offer health insurance to their employees, which cuts the amount of uninsured in Utah. In fact, 25 percent of employers that are a part of the Utah Health Exchange did not offer health insurance to their employees in the past.
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