Waugh Agency is pleased to offer our clients access to the Blue Cross Blue Shield of Massachusetts private benefits exchange, My Blue Choices.
My Blue Choices an exclusive online marketplace from Blue Cross Blue Shield of Massachusetts that lets companies choose how much to spend on their employees’ health and other benefits. My Blue Choices gives employees the freedom to shop for the right health, dental, and protection plans that best meet their needs, and those of their families. The My Blue Choices private exchange is an innovative new way for businesses to provide benefits that deliver savings for employers and choice for their employees.
Here’s how My Blue Choices works:
- You determine how much you want to contribute to benefits (defined contribution)
- You choose which plans and features to offer your employees. Medical, dental, and protection
- Your employees shop for their benefits online at our exclusive My Blue Choices marketplace where they can buy any of the medical, dental, and added protection services you’ve preselected
Why choose a defined contribution private exchange for your benefits package?
- It will help you stabilize and potentially lower your benefits budget in the first year, and allow you to better forecast your long-term spending
- You can choose from a variety of medical plan packages including HMO, PPO, high-deductible (including HSA), and tiered plans
- You can also offer a choice of dental indemnity or PPO coverage with or without orthodontic services
- You can choose to offer a Health Savings Account (HSA), Health Reimbursement Arrangement (HRA), or Flexible Spending Account (FSA) for qualified plans
- You can pick and choose which added protection services to offer such as life insurance, short- or long-term disability, critical illness, and accident coverage
- You can choose to offer a choice of plans that align with your employees’ current health status and needs, and those of their families
- Employers with 20 – 100+ eligible employees
- Companies who are fully insured offering only Blue Cross coverage options
- New Blue Cross Blue Shield of Massachusetts customers or those renewing their contract with Blue Cross
See how easy it is to use My Blue Choices
Account Brochure
Choice and Flexibility Brochure
Find out what’s available for your company size:
Groups 20-50
Groups 51-99
Groups 100+
Information for Employees
Member Brochure
Watch an informational video demoing the exchange
[videojs mp4="https://waughagency.com/BrightChoices.mp4"]
Allow Waugh Agency, LLC to help you determine if a defined contribution private exchange is the best option for your company’s benefit package.
Call us at (413)527-2738 or use the form below and we will contact you.
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Simply complete the the following form, a licensed specialist will contact you. Or, call us at (800)779-4090.