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Thursday, July 23, 2015

3:30 p.m. - 4:15 p.m.
Track: Broker View Track

WHY START A PRIVATE EXCHANGE

Nora Black, Director of Human Resources, SACHS ELECTRIC COMPANY
Holley Maher, Partner, MRCT
Perry Braun, Executive Director, BENEFIT ADVISORS NETWORK (BAN)

It is estimated that there were more than 3 million individuals who enrolled in private exchanges in 2014. Clearly this represents opportunity for the industry. †This session will discuss how and why a St Louis-based employee benefits firm started their own Private Exchange. Along with one of the firmís partners, a user of the PE will also share their perspective and experience, to-date. Some of the main point discussed during this presentation will focus on how PHIX is different from a benefit admin system, how PHIX can contribute to increased sales, consumer-friendly tools to include, and how PHIX are an efficient tool for both the agency and employer.

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