Filed Under:Health Insurance, Individual Health

His company scares public exchange managers

A PPACA player

Are private exchanges' public exchanges' archenemy?
Are private exchanges' public exchanges' archenemy?

Richard Mann says he thinks private exchange companies really are coming, and coming in a big way.

"Exchanges are here now, and they're growing," Mann said in an interview.

Mann said he agrees that the percentage of employers using private exchanges now is low. The percentage will be bigger -- but still small -- next year, he said. But he said large amounts of private exchange capacity will be coming online soon.

PlanSource defines a "private exchange" as a system that gives the owner the ability to set up an online market for an employer quickly, with standardized plans presented in a standardized format.

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Nichole Morford

Nichole Morford
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