Businesses that went through second-year renewals on the Aon Active Health Exchange saw average annual health cost increases of 2.6 percent, the company reported Wednesday. That's compared to the industry average of 6.5 to 8 percent growth reported this year.
Aon is the only fully insured private exchange built for large companies.
"The Aon Active Health Exchange continues to deliver on its promise of providing a better way for many companies to offer health benefits through cost savings and engaged consumers," Cary Grace, CEO of Aon Exchange Solutions, said in a statement. "With three years of consistently positive results, our model is bending the trend curve of health care spending for companies, while delivering more choice, affordable health care and a great experience to their employees."
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
