Benefits Administration & HR Technology News

Empyrean Benefit Solutions Selected as Technology Platform for New Private Exchange Partners

Empyrean’s scalable technology enables brokers and insurance companies to offer a broader solution set to their clients and adapt to rapid growth in the exchange marketplace.

Empyrean Benefit Solutions, Inc. announced today that it has added two companies to the growing list of partners using Empyrean’s technology to power their private exchange solutions. As brokers and insurance carriers look to expand their programs to meet the demands of a more consumer-driven health insurance industry, they have selected Empyrean’s integrated software platform as the technology to support an exchange option for their clients.

Brokers and carriers recognize the growing need to support companies that wish to offer private exchanges to their employees while still offering traditional benefit plans. Empyrean’s technology platform was purpose built to enable brokers and carriers to easily provide an exchange model and accommodate the evolving benefits strategies of their clients. Empyrean Benefit Solutions CEO Richard Wolfe explains, “As consumer-oriented exchanges began to emerge several years ago, we designed our platform to seamlessly support private exchange solutions as well as legacy benefit programs to facilitate smooth transitions for companies considering both models.”

The Empyrean platform includes an intuitive employee interface for purchasing health insurance and voluntary programs, an easy to configure administrative tool set, and a sophisticated application program interface (API) that easily integrates a company’s existing health benefits plan with exchange solutions. Empyrean continues to engage in new broker and carrier relationships and provide the advanced technology and services they need to offer a broader array of solutions to their clients in an ever-changing healthcare benefits marketplace.

About Empyrean
Empyrean Benefit Solutions is one of the fastest-growing providers of technology and services for managing health and benefits programs. Empyrean provides enrollment, eligibility management, ACA services and compliance, as well as a range of other plan administration services to employers, insurance brokers, and healthcare exchanges. Empyrean’s innovative technology and dedicated experts enable organizations to deliver an exceptional benefits experience completely aligned with their evolving benefits strategies.

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