Manufacturers: Build a Better Benefits Package With Private

Exchanges

The manufacturing industry is made up of companies engaged in the transformation of materials or components into new products, from the smallest computer chip to the largest airplane. 

But employee backgrounds, health care needs and budget can be extremely different within the industry.

Build A Better Benefits Package

From your newest operations manager to contractors andsoon to-be retirees, private exchanges make it possible foran employer to offer different insurance plans geared towards all employee segments

Build A Better Benefits Package

Private exchanges operate like a retail shopping experience, where employees can choose from a variety of plans hand-picked by their employer. 

Online enrollment and personal support makes private exchanges easier to operate for managers and human resources personnel.

A True Shopping Experience

With a private exchange, each year decision makers and human resource professionals decide how much to spend on health care benefits, which becomes the budget that employees use when shopping for a plan. 

A Way To Control Health Care Spending

One-on-One Customer Support

Blue Cross Blue Shield of Michigan has a support team that walks employees through the enrollment process from beginning to end, making the transition to a private exchange smooth for everyone, including human resources personnel and management.

*According to an Accenture Survey

How It Works

Private exchanges can help employers plan their health care spending and avoid the upcoming Cadillac Tax goes into effect in 2018.

Private exchanges deliver a 401(k)-like solution that forecasts employers total health spend for the year. Once employers receive their rates and set their contributions, they will know exactly how much they are paying for benefits and how much employees are paying for benefits.

Private Exchanges and Your Business

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Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

bcbsm.com/exchange