Towers Watson Signs Agreement With Federal Government to Facilitate Public Exchange Enrollments

Towers Watson has announced that it has signed a web broker entity agreement with the Centers for Medicare & Medicaid Services, which supervises the federally facilitated marketplace — the health insurance exchange operated by the federal government in 36 states.

With this agreement, Towers Watson can help employers provide health insurance education and enrollment services to part-time and seasonal employees, retirees and their dependents by supporting them as they evaluate and purchase individual health plans on the federally run exchange.

Towers Watson operates the nation's largest private Medicare exchange, which offers thousands of private Medicare plans from more than 85 health insurance carriers. Licensed benefit advisors and technology-based decision support tools provide personalized support and expert guidance to retirees as they shop for individual plans. Nearly 300 public and private sector employers and trade associations have used Towers Watson's private Medicare exchange to connect more than a half million customers with health coverage.