Quote of the Day

“Carriers that initially were reticent [about private insurance exchanges] are now saying that in five years, this will be the way every company purchases their benefits. We are on the cusp now of a seismic shift in the way people ascertain their health insurance.” — Alan Cohen, co-founder and chief strategy officer for Liazon Corp., a developer of private exchanges that was acquired by Towers Watson in November, told AIS’s Inside Health Insurance Exchanges.