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Cigna Launch Spurs Question: What is a Private Exchange, Anyway?
As Cigna this week became one of the first insurers to announce its own online marketplace — amid countless others created by brokers, consultants and tech firms — some say the definition of this concept has become muddied.
INN Breaking News, February 6, 2014
Cigna launched a private exchange this week, touting a new option for employers and choice for employees in a statement — an announcement that comes on the heels of many private exchange launches in 2013, but one of the first from a carrier. For now, the offering is available to smaller employers in select cities, including Atlanta, Dallas and Washington, D.C., but the company has plans for expansion throughout 2014.