PlanSource Inc., a leading provider of cloud-based health exchange and benefits engagement technology, recently announced that it has added MetLife®, a global provider of life insurance, annuities, employee benefits and asset management, to its distribution platform for employee benefits.
“MetLife and PlanSource are a great fit,” said Jessica Moser, Vice President of Channel Development with MetLife. “MetLife is committed to maintaining a close service relationship with our customers and providing a personalized and engaging experience that also educates consumers. In PlanSource, we have found an organization that shares our values. Together, we are able to reach consumers in a new way while providing employers with a streamlined, easy-to-administer service.”
PlanSource now distributes MetLife’s portfolio of products through its highly configurable benefits engagement system, which can be administered by employers or configured as a public or private exchange using PlanSource OneMarket. Launched in 2014, PlanSource OneMarket provides standard benefit products and services from leading insurance companies in a marketplace where employees can shop for benefits in the same consumer-friendly way they shop for other products online.
Through the PlanSource platform, consumers have access to 11 MetLife product lines, including traditional benefits such as Basic and Supplemental Life, Dental and Vision, as well as ancillary benefits such as Accident, Hospital Indemnity, and Critical Illness.
“MetLife is a trusted brand whose broad suite of products and services provides consumers with peace of mind and unparalleled protection and support,” said Scott Carver, President of PlanSource. “This relationship blends MetLife’s industry-leading benefits with our transformative technology, creating new ways to reach and educate consumers on their benefits options.”
Employers use PlanSource’s flexible and intuitive cloud-based platform for employee benefits shopping, enrollment, billing, compliance and administration. Employees are offered step-by-step guidance and personalized plan recommendations during the shopping and enrollment process. Content such as videos, documents, tools and messages can be personalized depending on consumer demographics, geographic location, family status and benefit elections, which provides unique opportunities for consumer education and upselling. Once registered, employees can quickly and easily access their benefits information through the PlanSource Mobile App.
MetLife offers dedicated sales, service and operational support, and enhanced systems to support private exchanges.
About MetLife: MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.
About PlanSource: PlanSource provides the industry’s most flexible and extensible health exchange and benefits engagement platform in the cloud. More than 8000 employers and 3.5 million consumers use the PlanSource Platform for benefits shopping, enrollment, billing and ongoing administration. PlanSource partners with leading insurance carriers, brokers and government entities to provide both exchange and non-exchange solutions to companies of all sizes. PlanSource – One Source. Many Benefits.
- Political reaction: Republicans propose The American Health Care Act
- State Farm reports $1.2 billion pre-tax operating loss in 2016
- DOL aims for initial 60-day delay in fiduciary rule effective date
- Report aims to put a stop to ‘Use It and Lose It’ homeowner policies
- Most LTCI claims begin and end at home; insurers pay out $8.65 billion in 2016 claims, new data confirms
- MetLife annuity and life products officially rebranded under Brighthouse Financial name
- 2017 health insurance trends: HSAs, wellness incentives and other tactics employers looking at to reduce costs
- Advances in underwriting: Saliva samples now being used to analyze biomarkers of settlement prospects