April 24, 2014
Marcum Benefits Marketplace, Featured in Accounting Today Article, "Marcum Launches Health Care Marketplace."
By Daniel Hood
Marcum Financial Services, an affiliate of Top 100 Firm Marcum LLP has launched a resource for health insurance delivery for groups and individuals.
The Marcum Benefits Marketplace is designed to facilitate the selection, enrollment and administration of health insurance as well as other benefits for small and middle-market businesses. Geared for employers with 1,000 or fewer employees, the exchange also offers a prescription discount program, dental insurance and travel insurance.
“The mandate to provide health insurance is particularly onerous, complex and costly for companies in the small and mid-market categories, as these employers are less likely to have the resources on staff to facilitate ACA compliance, ” said Steven Brett, president of Marcum Financial Services. “Many employers are switching to a defined contribution approach when it comes to health insurance, and they need the technology to administer this approach. The Marcum Benefits Marketplace is the solution that provides employers with a centralized, easy-to-navigate resource where they can explore their options and become educated about their different choices.”
For individuals and employees without employer health plans, the Marcum Benefits Exchange offers a variety of health insurance products that are designed to be competitive with the federal and state exchange marketplaces, including medical, dental and vision plans. Marcum also offers counselors that are certified to determine eligibility and apply for any federal premium tax credit or cost share subsidy that may be available to applicants.
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