Evansville Teachers Federal Credit Union Selects HealthPlan Services MyConsumerLink Private Exchange Platform
Leading Credit Union's Service Organization Unleashes the Powerful MyConsumerLink Custom-branded Private Health Insurance Marketplace
TAMPA, Fla., Sept. 10, 2015 /PRNewswire/ -- HealthPlan ServicesSM (HPS), the nation's leading technology, sales, retention and administrative services provider for the insurance and managed care markets, announced today that Evansville Teachers Federal Credit Union (ETFCU) has launched a custom branded health insurance marketplace (http://etfcu.saleslinkportal.com) enabling their members to shop, compare and enroll online for individual health coverage.
"Our members have been asking us when we would be able to have health insurance products available. We've been listening and now ETFCU is proud to have partnered with HealthPlan Services to provide our members with the best options available for medical, Medicare, dental/vision and other supplemental insurance," said John Rudolph, ETFCU Service Organization Director. "With the addition of HPS, Evansville Teachers Federal Credit Union is now truly a one stop shop for all of our members' financial needs. Our team of dedicated financial advisors and insurance agents will work with our members to ensure they are protected, utilizing a diverse range of products tailor-fitted to their needs."
ETFCU joins a growing list of HPS customers utilizing the turnkey solution built on the technological infrastructure of the HPS MyConsumerLinkSM online private exchange platform. Backed by HPS' 40-plus years of insurance sales and service experience, they are making the most of the innovative technology, resources, and support they need to compete successfully in today's market, and taking the future of healthcare sales to the next horizon.
"Today's healthcare consumers want to take ownership of their healthcare plan purchases while leveraging the technology and service they enjoy in the retail marketplace," explains HPS President and CEO Jeff Bak. "A private exchange has become more than simply a value-added service. It's a necessity. Insurance agents committed to serving the marketplace are embracing retail sales models, enhancing brand loyalty, and transforming their agencies in the process."
MyConsumerLink makes it easy for brokers, agents, associations, and affinity groups to enter the rapidly expanding private exchange market, which is expected to serve as many as 40 million people and surpass state and federally funded ACA exchange health plan enrollment by 2018. With a MyConsumerLink private exchange marketplace, benefit advisors can give their clients access to a comprehensive suite of top-name individual major medical and supplemental insurance products they can explore, compare, and purchase in an end-to-end online shopping experience. And with both front-end sales and call center support from fully licensed and certified professionals, agents can streamline administrative burdens while building their business in today's changing marketplace.
About ETFCU
Founded in 1936, Evansville Teachers Federal Credit Union is a not-for-profit financial institution established to provide value to its members. Today, ETFCU is the tri-state's largest credit union, providing value through innovative products, such as its popular Vertical Dividend Checking account, and cutting-edge services, including a robust mobile banking suite and Apple Pay™. The credit union currently has six Evansville locations, as well as seven additional offices throughout the tri-state.
About HealthPlan Services
HealthPlan Services (HPS) is the largest independent provider of sales, service, retention and technology solutions to the insurance and managed care industry. Since 1970, HPS has offered customized administration and distribution services to insurers of individual, small group, voluntary and association plans, as well as valuable solutions to thousands of brokers and agents. HPS' proprietary, scalable technology provides innovative consumer-facing solutions that are turnkey self-service tools for insurance carriers and distribution partners. HPS offers an ever-expanding array of services to a diverse and growing client base, and administers products that include medical (PPO, HMO, indemnity, consumer-driven), dental, vision, life, disability, cancer, critical illness, accident, long-term care, limited medical, as well as various other ancillary insurance. HPS is committed to providing extraordinary service to its customers. HPS is a company of Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry. For more information about HPS, visit www.healthplan.com.
SOURCE HealthPlan Services
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