Towers Watson signs agreement with CMS for federal exchanges

Towers Watson has signed a web broker entity agreement with the Centers for Medicare & Medicaid Services, which supervises the health insurance exchange operated by the federal government in 36 states.

Towers Watson says that, with the agreement, it can help employers provide health insurance education and enrollment services to part-time and seasonal employees, retirees and their dependents, by supporting them as they evaluate and purchase individual health plans on the federally run exchange.

Towers Watson adds that its exchange platform will integrate with federal eligibility systems, so that it can assist individuals as they shop for and enroll in subsidized coverage through the federal exchange. The agreement specifies privacy and security requirements, as well as consumer support guidelines that web broker entities must follow to protect individuals who purchase plans on the federal exchange.

Morrell writes for Insurance Networking News, a SourceMedia publication.

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