benefitsCONNECT Launches Private Healthcare Exchange

Released on: February 18, 2014, 11:12 am (EST)
Industry: Healthcare

Rancho Cordova, CA 95670, -- /EPR NETWORK/ -- benefitsCONNECT today announced the launch of our private exchange solution -- bC Marketplace. bC Marketplace provides employers with more options for cost-saving opportunities, easy benefits administration, and the ability to offer their employees a larger variety of benefits. The bC Marketplace provides customers with choice and innovative plan decision support tools for an enhanced benefits enrollment experience.

"Entering into the Private Exchange marketplace further extends benefitsCONNECT's strategy to offer customers the best plans for their needs-including fully integrated products and services designed to improve their plan offerings including voluntary benefits. benefitsCONNECT's goal is to offer a full range of plan choices to employers, and employees and their families as they become more actively involved in their health and benefit choices," said Troy Underwood, President/CEO.

The bC Marketplace allows employees to have access to user-friendly 'health care benefit plan decision support tools' to shop for and enroll in the plans that best meet their unique needs. For brokers and employers, the exchange offers a benefits administration platform that allows them to provide their employees with a broader choice of plan options, while simplifying employers' administrative responsibilities and controlling benefit costs. In addition, benefitsCONNECT's brokers can also benefit from this easy, turnkey private exchange solution by remaining on the cutting edge of technology. benefitsCONNECT also provides the back end administrative services and support to ensure success for the private exchange.

benefitsCONNECT's private exchange is supported by the company's best in class customer service, industry leading online tools, and an extensive national carrier network. The suite of products available include all core products (i.e. medical, dental, vision, and chiropractic) as well as a variety of voluntary products (i.e. life/accident, disability plans, critical illness). benefitsCONNECT's private exchange supports over 200 carriers' products and is offered exclusively through brokers across the nation.

About benefitsCONNECT
benefitsCONNECT is an industry leading insurance broker-centric benefits administration and online enrollment software company that provides marketplace technology and tools for complying with healthcare reform. Available 24/7, 365 days a year, the system electronically connects brokers, employers, employees, carriers, and third party administrators to create a streamlined benefits enrollment and management experience.

About Transcend Technologies Group, Inc.
Founded in 2001, Transcend Technologies Group, Inc. (dba benefitsCONNECT) is a privately held company that specializes in Internet-based software applications for the health insurance and benefits industry. Transcend licenses benefitsCONNECT for benefits administration and online enrollment and benefitsCONNECT agencyMANAGER for agency management functionality, and has established clients in 43 states who entrust their book of business to benefitsCONNECT products. For additional information, visit, or contact Sales at 916-421-4000 or

Contact-Details: contact Sales at 916-421-4000 or

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