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Medicine 2011-03-05 2 min read

Workable Solutions Publishes Whitepaper, 'Health Insurance Exchanges 101' as Resource for Health Policy Community

Workable Solutions tackles the confusion and ambiguity of the health insurance exchange administration processes in their recently published whitepaper, "Health Insurance Exchanges 101: In Plain English."

ORLANDO, FL, March 05, 2011

Health insurance exchanges are surrounded by confusion and misunderstanding about the functionality needs for a successful exchange. Workable Solutions has sought to address this lack of information by publishing a whitepaper titled, "Health Insurance Exchanges 101: In Plain English" for the health policy community.
The whitepaper takes a ground-up approach in order to explain the background, processes and requirements for a successful exchange. The publication of this whitepaper comes on the heels of an offer by Workable Solutions to lend their management's expertise to health policy decision-makers in the coming months of the health insurance exchange selection.

The whitepaper is accompanied by videos on the Workable Exchange website that illustrate the information exchange processes between the government, administrator, employers, and individuals as well as a demonstration of the BeneKit exchange online platform.

"The information that is coming forth regarding health insurance exchanges is extremely fractured," said CEO Terry McCorvie. "There isn't a strong starting point for people to get the fundamentals, and there isn't a clear understanding of how it will all come together so we put together this whitepaper so that anyone with an interest in the exchanges can get a good understanding of what exchanges are, how they're going to come together in the coming months and what functionalities will need to be fulfilled for it to all work."

Workable Solutions has been administering health insurance exchanges for almost fifteen years. "There are a lot of complexities that aren't apparent to individuals or even an administrator who hasn't actually been behind the scenes in exchange administration before," explained COO Steve Bell.

"We used what we knew to illustrate the administration processes. It's a whole lot more than finding an online platform and plugging it in, and we think that it's important that people understand these processes and the ongoing administration needs of the exchange system," said Bell.

The whitepaper is available for download on the Workable Exchange website, WorkableExchange.com at no cost. The videos mentioned above are also located on WorkableExchange.com.

Interested parties are also encouraged to contact Workable Solutions for additional information.

Workable Solutions is a benefits and health insurance exchange administration company. For further information, please visit our website, WorkableSolutions.com or inquire at info@workablesolutions.com.