Private exchanges are the perfect fit for manufacturing industry

1. Manufacturers:
Build a Better Benefits
Package With Private
Exchanges

2. The manufacturing industry is made up of companies
engaged in the transformation of materials or components
into new products, from the smallest computer chip to the
largest airplane.
But employee backgrounds, health care needs and
budget can be extremely different within the industry.
Build A Better Benefits Package

3. From your newest operations manager to contractors and
soon to-be retirees, private exchanges make it possible for
an employer to offer different insurance plans geared
towards all employee segments
Build A Better Benefits Package

4. Private exchanges operate like a retail shopping
experience, where employees can choose from a variety
of plans hand-picked by their employer.
Online enrollment and personal support makes private
exchanges easier to operate for managers and human
resources personnel.
A True Shopping Experience

5. With a private exchange, each year decision makers
and human resource professionals decide how much
to spend on health care benefits, which becomes
the budget that employees use when shopping
for a plan.
A Way To Control Health Care Spending

6. One-on-One Customer Support
Blue Cross Blue Shield of
Michigan has a support team
that walks employees through
the enrollment process from
beginning to end, making the
transition to a private
exchange smooth for
everyone, including human
resources personnel and
management.
*According to an Accenture Survey

7. How It Works

8. Private exchanges can help employers plan their health
care spending and avoid the upcoming Cadillac Tax goes
into effect in 2018.
Private exchanges deliver a 401(k)-like solution that
forecasts employers total health spend for the year. Once
employers receive their rates and set their contributions,
they will know exactly how much they are paying for
benefits and how much employees are paying for benefits.
Private Exchanges and Your Business

9. STAY CONNECTED & LEARN MORE
Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and
independent licensees of the Blue Cross and Blue Shield Association.
bcbsm.com/exchange