Johnson Insurance creates private health insurance exchange for employers

Special to The Freeman

Feb. 5, 2014

RACINE – Johnson Insurance Services announced it will launch a private health insurance exchange called Johnson Insurance Marketplace this spring. The private exchange is an online marketplace where employees can shop for health insurance based on a defined contribution supplied by their employers, according to the announcement. The Johnson Insurance Marketplace at first will only be open to businesses and their employees.

“Our clients asked us to provide them with an alternate benefits model with advantages for both the employers and their employees,” said Mark Behrens, president of Johnson Insurance, in a statement. “With Johnson Insurance Marketplace, we’re giving employers additional insurance choices and easy-to-use decision-making tools that both the employer and the employee can appreciate and value.”

Johnson Insurance is a privately held independent agency with offices in Kenosha, Racine, Milwaukee, Green Bay, Appleton, Madison, Janesville, Eau Claire, Ripon, Hayward and Rice Lake.

“Our private health insurance exchange allows employers to control the rising costs of health insurance by contributing a fixed amount,” said Michael Derdzinski, senior vice president of Employee Benefits for Johnson Insurance, in a statement. “The benefits process for employers will now be streamlined, giving employees additional options and the flexibility to make their own insurance decisions based on their individual needs.”
Although negotiations to include products from additional carriers continue, five insurance carriers have joined and are participating in the marketplace exchange, United Healthcare, Humana, Common Ground Healthcare Cooperative, Network Health Plan and WPS Health Insurance/Arise Health Plans.

When the marketplace is initially launched, Johnson Insurance professionals assist employees as they use the site.

With more than 160 associates, Johnson Insurance is a member of Johnson Financial Group. The $3.9 billion financial services company operates in Wisconsin and Arizona. For more information visit www.johnsonins.com and www.johnsonbank.com.