This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Buck Consultants’ Private Health Insurance Exchange Serves 400,000 Participants For 2014 Health Care Enrollment

Stocks in this article: XRX

RightOpt ®, the private health insurance exchange from Buck Consultants, A Xerox Company (NYSE:XRX), is servicing more than 400,000 active participants during the fall open enrollment period.

Since it became available earlier this year, employers using RightOpt include Arby’s Restaurant Group, Bob Evans Farms, Church & Dwight Co., Inc., Domino’s Pizza, Ovation Brands, and Buck’s parent company Xerox.

RightOpt, designed for employers with 3,000 or more employees, focuses on the participants’ health and wellbeing while driving down employer benefit delivery expenses. This private insurance exchange can help employers reduce their health care costs and improve employee and dependent health outcomes through its year-long focus in three key areas – choose, use, and improve. Members are encouraged to “choose” their personally preferred plan options at enrollment, “use” those options effectively throughout the year, and “improve” or maintain their health risks over time.

“RightOpt allows our employees to benefit from lower costs, choose from additional plan options, and work toward improved long-term health through expanded tools and resources that we are able to provide,” said Jim Levine, director, Compensation & Benefits at Church & Dwight Co., Inc. “We reviewed other exchanges and found that they did not fundamentally change the overall amount that Church & Dwight and its employees pay for health care. RightOpt's model is designed to deliver savings that benefit both the company and our employees.”

“The RightOpt delivery platform provided Bob Evans Farms with an opportunity to more cost-effectively deliver a competitive employer-sponsored benefit program while providing expanded plan options and resources to our employees,” said Pam Kuryla, vice president, Total Rewards, Bob Evans Farms. “Moving to RightOpt, combined with Xerox benefit administration outsourcing, supports an integrated experience across our entire workforce regardless of benefit eligibility.”

Buck also recently enhanced RightOpt to include retirees, COBRA members and part-time employees. The expansion of RightOpt means an employer can now cover its entire workforce from hire through retirement, including:

  • Full time/benefit-eligible active employees;
  • Part time/non-benefit-eligible active employees/COBRA;
  • Pre-65 retirees;
  • Medicare-eligible retirees.

“Employers are often confronted with the difficult decisions to reduce or eliminate retiree medical benefits and how to support part-time employees in evaluating and securing individual coverage,” said Sherri Bockhorst, principal and leader, Health Exchange Solutions. “RightOpt provides plan sponsors with a smart way to help their retirees and part-time workers evaluate and purchase appropriate individual coverage using available public subsidies.”

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs