Private health exchanges for large employers: Some questions to ask

With the financial sustainability challenges introduced by the Patient Protection and Accountable Care Act (ACA), employer health plan sponsors are reevaluating their strategies, with some hoping for a “magic bullet” that will ease financial pressure going forward. Private health exchanges (PHEs) are receiving a lot of attention of late and may provide financial and administrative relief. However, the decision to move to a PHE requires thorough due diligence, analysis, and consideration of potential outcomes.