PlanSource Powers ABD Insurance & Financial Services Exchange

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Online health insurance marketplace and benefits shopping platform provides businesses with competitive plans, best-in-class technology and exceptional service

PlanSource Inc., a leading provider of cloud-based health exchange and benefits administration technology, announced today that ABD Insurance & Financial Services has launched ABD Exchange, an online health insurance marketplace and benefits shopping platform powered by PlanSource OneMarket.

ABD Exchange was designed for technology and bio-tech businesses who want to offer employees the very best health benefits at a competitive price. The ABD Exchange is built on PlanSource OneMarket, a proven, cloud-based platform that provides benefit products and services from leading insurance companies in a marketplace where employees can shop for benefits in the same consumer-friendly way they shop for other products online.

“The ABD team is committed to helping our clients offer competitive plans, best-in-class technology, and exceptional service to their employees,” said Darren Brown, EVP and Founding Principal for ABD Insurance & Financial Services. “With the ABD Exchange powered by PlanSource, our team does the hard work of finding the right providers and plans, freeing our clients to focus on their talent, business and growth strategies.”

Providing benefits through ABD Exchange enables companies to control costs while allowing employees to choose from a variety of quality health care plans. The online marketplace provides:

  • Simplicity: Integrated, scalable and straightforward, the ABD Exchange platform allows employees to shop for plans, enroll and manage benefits in one place. Benefits administration and open enrollment are easy, and HR administrators benefit from consolidated billing and simple HR and payroll integration. Employees can compare multiple plan benefits, premiums and networks side by side and leverage decision support to enroll in the best program for their unique needs.
  • Convenience: Benchmarked above industry standards, the ABD Exchange offers an exclusive bio-tech and technology pool with providers including Blue Shield of California, Kaiser Permanente and MetLife. A variety of medical, dental, vision, life and disability plans are available that enable companies to stay competitive while saving time and money.
  • Powerful support: The ABD Exchange is supported by an expert team dedicated to helping employers through implementation and providing ongoing support. Concierge-level services ensure that companies have the resources they need to scale their business.

“The ABD Exchange represents the evolution of benefits administration and online enrollment,” said Scott Carver, President of PlanSource. “The ABD Team has done an amazing job and we are proud to support their vision of providing an improved benefits experience that results in happy, engaged team members and increased productivity.”

Visit the ABD Exchange to learn more.

About PlanSource
PlanSource provides the industry’s most flexible and extensible health exchange and benefits engagement platform in the cloud. More than 8000 employers and 3.5 million consumers use the PlanSource Platform for benefits shopping, enrollment, billing and ongoing administration. PlanSource partners with leading insurance carriers, brokers and government entities to provide both exchange and non-exchange solutions to companies of all sizes. PlanSource – One Source. Many Benefits.

ABD Insurance & Financial Services
We are the ABD Team. Our 175 risk and reward advisors are dedicated to helping you understand the relationship between risks and rewards – so you can strike the right balance to achieve your goals. We partner with organizations of all sizes to help them develop strategies and tactics that fit their unique cultures, taking care of the details so they can stay focused on building success. Headquartered in San Mateo, with offices in San Francisco, San Jose, and Walnut Creek, ABD has a history that spans over 75 years. Many of our risk and reward advisors have been recognized as the best and the brightest in the insurance and financial services industries. Our practice areas include Employee Benefits, Retirement Services, Property & Casualty, Executive Protection, Private Client Services, and more. To learn more, visit: www.theABDteam.com

Press Contact
Bill Fryman
843.697.8792
bill.fryman@plansource.com