STUDIO CITY, Calif., Dec. 17, 2012 -- SeeChange Health Insurance, the leader in value-based benefit design solutions for small and midsized employers and the fastest-growing health plan in California and Colorado, is partnering with Liazon Corporation to expand its product offerings. By leveraging Liazon's Bright Choices® exchange technology, SeeChange Health will offer its own private exchange of insurance products to employers with 50 or more employees interested in taking a defined contribution approach to health and other benefits. Through the exchange, employees are empowered to spend their benefit dollars on the medical and ancillary plans that best fit their needs, and, in turn, employers see reductions on the amount of time and money spent on health care administration.
"Employers are looking for ways to make their benefit dollars go further," said Martin Watson, Chief Executive Officer of SeeChange Health. "By teaming with Liazon we can bring our unique approach to health insurance to more groups in a more affordable fashion."
Alan Cohen, Chief Strategy Officer and Co-Founder of Liazon, said, "Working with an insurance industry innovator like SeeChange Health strengthens our ability to deliver our exchange model to employers and provide greater choice and benefits options to employees."
About SeeChange Health
SeeChange Health delivers plans, technology and services aimed at creating better health for employees, increasing workforce productivity, and lowering overall health care costs by encouraging individuals to play an active role in managing their health to prevent, detect and treat serious health conditions. Its SeeChange Health Insurance division provides value-based benefit plans to fully insured employer groups in California and Colorado. For more information please visit www.SeeChangeHealth.com
Founded in 2007, Liazon Corporation operates the market-leading private benefits exchange for businesses across the U.S. Its flagship product, the Bright Choices® Exchange, is an online benefits store that is changing the way employers and employees buy benefits. Bright Choices helps employers save money on their health care costs by setting predictable budgets while guiding employees to purchase better coverage of health, dental, vision, life and disability benefits. Liazon works with top national and regional insurance providers and supports more than 2,000 businesses nationwide. Liazon has offices in Buffalo, N.Y., New York City and Waltham, MA. To learn more about Liazon and the Bright Choices Exchange, go to www.liazon.com.