Digital Benefit Advisors (DBA), a division of Digital Insurance, has rolled out private insurance exchange in Connecticut, Vermont, Arizona, Tennessee, Georgia, Florida, Virginia and Pennsylvania in the US, to offer a simple, fixed-cost approach to employee benefits.
Dubbed as Digital Benefits Marketplace, the private insurance exchange has capability to control benefits expenses through fixed costs, known as defined contributions.
The centre is also equipped with live customer support as well as benefits counselors to help individuals through the enrollment process.
Designed to serve both small and mid-sized businesses, Digital Benefits Marketplace offers a complete range of employee benefits, while reducing time and challenges traditionally related to administration.
Digital Benefit Advisors private marketplaces national director Bob Gaydos said that Digital Benefits Marketplace might be the easiest, most comprehensive approach to employee benefits that can serve any size business.
Once an employer determines how much they want to contribute toward each employee’s benefits, that’s it; their work is done.
"The costs are fixed, and employees choose the options that work best for them, while Digital’s experts provide complete administration services along with individual decision support.
"Regardless of a company’s size, employees have access to knowledgeable customer service representatives by phone or via online chat who can guide individuals and their families through the process," Gaydos further commented.
Digital Insurance, a subsidiary of Fidelity National Financial (FNF), operates as an advanced employee benefits-only agency in the US.