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Last $133.61 USD
Change Today -0.54 / -0.40%
Volume 149.2K
As of 8:10 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

901 North Glebe Road

Arlington, VA 22203

United States

Phone: 703-258-8000


health care and reimbursement accounts, including health savings accounts (HSAs), health reimbursement arrangements (HRAs), and other consumer-directed accounts. While its core focus is on health plan accounts, this proprietary platform supports approximately 30 other account types, including tuition, adoption, commuter and child care. Health and Welfare Administration: This business provides a suite of health and welfare outsourcing services to approximately 100 clients across multiple industries. By combining the company’s proprietary BenefitConnect technology platform with its disciplined approach to customer service, the company could offer clients high-touch service. In 2013, the Exchange Solutions segment was expanded through the acquisition of Liazon Corporation (Liazon), a company specialized in developing and delivering private benefit exchanges for active employees. The Liazon solution complements the existing OneExchange Active offering by helping organizations of all sizes deliver self- and fully-insured benefits to employees in new ways. Liazon delivers benefits technology and merchandising for employers in the small- to mid-sized market through its Bright Choices Exchange (Bright Choices). Liazon distributes its products and services through a group of brokers and benefits consultants. In January 2014, the company announced plans to expand the Exchange Solutions segment by combining operations and associates primarily from portions of the TAS North America line of business with the Retiree & Access Exchanges and Liazon lines of business to align their respective strategic goals. The restructuring took effect in July 2014. The company’s Health & Welfare Administration practice provides benefits outsourcing services to approximately 75 clients across multiple industries. The company’s services are supported by its technology platforms, including its BenefitConnect system, and its onshore benefits service centers. Focused in the U.S., the company is a top-tier benefits outsourcing provider and a market leader for defined benefit and health and welfare administration. The company’s administration technology, BenefitConnect, includes case management and administration tools to help plan sponsors manage the entire life cycle, from new hire to retirement, and employee self-service tools that improve employees’ understanding of their benefits. BenefitConnect is also the administration engine for the company’s U.S. private health insurance exchange. The company delivers outsourced services through four U.S. service center locations, with representatives equipped with an upgraded and integrated technology suite and training that leverages the breadth of its benefits expertise. In May 2015, the company acquired Acclaris Holdings, Inc. (Acclaris), a major provider of SaaS—based technology and services for consumer-driven health care and reimbursement accounts, including flexible spending accounts, HSAs, HRAs, and other consumer-directed accounts. Acclaris joined the Other line of business as the Consumer-Directed Accounts practice. While its core focus is on health plan accounts, the Acclaris platform supports approximately 30 other account types, including tuition, adoption, commuter and child care. The Acclaris acquisition also brings the company the experience of serving approximately 1.7 million consumers by managing and administering a balanced portfolio of account-based health plans for health plans, benefit consultants, private and public exchanges, and financial institutions. Risk and Financial Services segment This segment includes two lines of business, such as Risk Consulting and Software, and Investment. The company works with chief financial officers, treasurers, chief risk officers, senior actuaries, pension plan sponsors and trustees of its clients’ organizations. Risk Consulting and Software has a particular focus on the insurance industry, while Investment focuses primarily on pension plans. The two lines of business also apply their expertise to serve various markets. The company combines its actuarial thinking with a range of financial modeling software products. The c


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