If you think private healthcare exchanges are a cutting-edge solution to rising healthcare costs, think again. In reality, they are essentially a clone of cafeteria-style benefit plans that date back to the 1970's.
While there may be a few benefits to private exchanges, namely online benefits enrollment (though there are plenty of other ways to achieve that), there are also many pitfalls, including:
We strongly encourage companies that are considering an exchange to do more research. To that end, we've put together this extensive white paper on this topic.