The biggest catalyst for change since Medicare, private exchanges and their defined contribution model are influencing the entire Benefits Administration marketplace.
We offer a comprehensive understanding of the market and possess deep knowledge of HR and benefits technology and outsourcing marketplace solutions.
With the advent of the Affordable Care Act and its public exchanges, private exchanges have expanded in the healthcare marketplace in recent years, attracting growing awareness and interest by employers seeking to better manage healthcare costs. Private exchanges facilitate the movement of employees to a defined contribution model while allowing employers to retain some involvement in their employees’ healthcare.
While some forecasters project explosive growth, Gruppo Marcucci has long projected a” slow and steady” march to adoption. Public or private, exchanges are creating a more organized and competitive market for buying health insurance and will have a significant impact on the benefits industry for the foreseeable future.
As the management of human resources shifts from the traditional “employment” model to one where companies manage their staffing needs using a range of solutions, e.g., part-time staff, contingent workers and consultants, Human Capital Management (HCM) technology is increasingly critical to providing a framework for supporting the entire hire to retire process.
Gruppo Marcucci (GPM), a division of Gallagher Benefit Services, Inc., provides outsourcing intelligence and associated consulting to stakeholders in the Benefits and HR Technology & Outsourcing industry. Our in-depth understanding of the service provider market and our vast experience sourcing and implementing solutions is key to our clients achieving full operational success.