There is another option to the Affordable Care Act (ACA) marketplace exchange.


Want to check out the latest Enterprise newspaper ad from Utah Private Health Exchange? Look no further!

Another Option to the Affordable Care Act Marketplace Exchange

Defined Contribution in a Private Exchange

Regence BlueCross BlueShield of Oregon has come out with a great 3-minute video regarding defined contribution in a private exchange. Take a look!

Video: Employee Choice

Regence BlueCross BlueShield of Utah has a great video explaining Employee Choice.

ObamaCare Map

So you’ve tried to understand the new law, and just how it works? You’re more than welcome to take a shot at understanding this graphic, which is meant to simplify the process down to a one-page view.


Your New Healtcare System

Press Release

Press Release:

Private health exchange established for Utah small employers

Matthew Spencer and Association Health Plans Insurance Organization announced the establishment of the Utah Private Health Exchange (Utah PHE), a new single-carrier private exchange. It offers a new way to fund and purchase small group health insurance for qualifying businesses of 2 -50 employees.
Allowing set premiums for employers and multiple plan choice for employees, the Utah Private Health Exchange has many advantages, including controlling health insurance expense and accommodates varied employee coverage preferences. The Utah Private Health Exchange allows employees to choose from up to fifteen different plans with fifteen different premium price points. For the first time in the history of health insurance, employees can choose the coverage that best meets their needs and their budget! Employees become a part of the decision making process and the solution.

Utah PHE provides small businesses with a personalized private exchange with multiple coverage options from one insurance carrier and one health insurance agency. Regence BlueCross Blue Shield of Utah is the carrier offering safe enrollment, affordable premium and effective quality care.

Just as employers have moved from a defined benefit to a defined contribution retirement plans, Utah Private Health Exchange (Utah PHE) suggests small employers implement a defined contribution program for health insurance premiums, which has employers contribute a fixed amount towards employee’s premiums. Employees allocate that set amount towards purchasing their favorite plan. A simpler, less expensive plan would cost the employee little or no extra monthly premium via payroll deduction. A “Cadillac” plan, now labeled as platinum or gold plans, would cost the employee additional premium.

“Employers want the benefits and advantages that have been demonstrated in the Federal Market Place “Obama Care” plan” said Matthew Spencer, a licensed Utah insurance agent doing business as the Utah PHE. “Multiple plan options, defined premium contribution and the empowerment of the enrollee are all wonderful improvements within the large national Market Place health insurance exchange. But seventy or eighty choices from six or eight different carriers obtained via questionable Internet security with no personal assistance are not desirable additions to the process. The Utah Private Health Exchange was established to assist small employers with a single carrier, multi-plan option allowing for set employer expense and flexible employee choice. All with one Utah carrier and local Utah providers you already know and trust.”

Private health exchanges can bring an end to increasing premium hikes for companies and inadequate health insurance for employees. Employees are able to pick insurance plans that meet their needs, and in some cases, at no additional personal expense. Business owners no longer anguish over choosing a one-size-fits-all health plan and dictate enrollment. Companies can take comfort in a defined and predictable health care expense, empower their employees to take ownership of their health insurance, and return their focus to the day-to-day core business of making their own products, goods and services.