A major player in the benefits market, Towers Watson, has joined the list of companies that say they have signed "Web broker entity" agreements with federal exchange program managers.

Towers Watson still needs to get certified as a federal exchange broker before it can actually sell the plans available through the "federally facilitated exchanges" to be run by the Centers for Medicare & Medicaid Services. CMS expects to run FFEs in 36 states.

But the agreement should clear the way for Towers Watson to connect its large private Medicare plan exchange program it built for its employer clients with the CMS "data hub" system.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.