• Ascension Benefits & Insurance Solutions to Offer Private Health Insurance Exchange, Partner with Bloom Health

    October 4th, 2013

    (WALNUT CREEK, CA and MINNEAPOLIS, MN – October 3, 2013) – As its latest addition to a growing range of employee benefit solutions, Ascension Benefits & Insurance Solutions will provide its clients with access to a private exchange model, named BenXchange by Ascension, beginning October 3. Ascension chose Minneapolis-based Bloom Health as its partner in developing and delivering BenXchange by Ascension to the market. BenXchange by Ascension will offer clients the ability to put their employees into an online benefits marketplace. The marketplace “shelves” provide choices from a variety of insurance carriers and ancillary products, including dental and vision coverage this fall and a full breadth of coverage lines to be added in 2014. To assist consumers with their purchasing decisions, Bloom’s decision-support tools offer a unique way to communicate with and educate individuals in a user-friendly online or phone-based way, designed to increase satisfaction for both...

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  • Lee Schafer: Exchanges have been tried, and worked

    October 3rd, 2013

    Bloom Health powers the MyPlan by Medica exchange featured in this Star Tribune...

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  • More Employers Overhaul Health Benefits

    September 4th, 2013

    This fall, tens of thousands of U.S. workers will learn that they're getting their health benefits next year in a radical new way: Their employers will give them a fixed sum of money and let them choose their plan from an online...

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  • Big Companies Eye Private Health-Benefits Exchanges

    July 31st, 2013

    To date the online portals have mostly served small corporate customers, but it looks like that may soon be...

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  • Bloom Health Names Jim Priebe Chief Operating Officer

    June 26th, 2013

    MINNEAPOLIS — June 26, 2013 —Bloom Health is pleased to announce the hiring of Jim Priebe as its Chief Operating Officer. Priebe will lead corporate development, legal and compliance, service center operations and account management for Bloom Health. He brings a wealth of experience in operations, strategy and business development from previous executive leadership roles at leading healthcare companies including Acclaris Inc., OptumHealth and Mayo Clinic Health Solutions. “Not only does Jim have the personal attributes Bloom looks for, he also has substantial experience and leadership qualities needed to successfully execute in this important role. We are very pleased to have him aboard,” said Simeon Schindelman, Bloom Chief Executive Officer. Most recently, Priebe was Chief Growth Officer at Acclaris, an industry leader in consumer driven health and reimbursement account administration. Priebe delivered consistent year-over-year growth and significantly increased revenue...

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  • Horizon BCBSNJ creating private exchange

    May 7th, 2013

    Horizon BCBSNJ is working with Bloom Health, a Minneapolis., Minn., company that specializes in defined contribution health benefits, to create Horizon...

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  • Data Shows that Private Exchange Customers Overwhelmingly Select Different Levels of Benefits Than What Their Employers Had Offered Under Traditional Benefits Model

    May 6th, 2013

    Findings prove defined contribution private exchanges help employees select most appropriate insurance coverage for their personal needs, increase take-home pay MINNEAPOLIS, Minnesota (May 6, 2013) New data from employees using Bloom Health’s defined contribution private exchange shows how more choice and personalization through private exchanges results in many employees selecting benefit packages that are better aligned with their healthcare needs, risk tolerance, and financial flexibility. In 2012, 66 percent of Bloom Health’s defined contribution private exchange customers opted to increase their take-home pay by choosing less rich coverage than they had prior to using the Bloom platform—when they had fewer choices and little, if any, decision support.  During the same time, 11 percent of Bloom’s customers chose to invest in richer coverage than they previously had, and 23 percent chose benefit levels similar to what they already had. Bloom customers made their benefit...

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  • Exchanges can close health care ‘Bermuda Triangle’

    February 19th, 2013

    Representatives from private health insurance exchanges asserted that exchanges are hitting the ground running, and the model is well-equipped to help employers meet the health needs of...

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  • More American workers to pick their insurance

    November 15th, 2012

    Bloom Health & Minnesota-based client are featured in an article from the Associated...

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  • Bloom Health Names New Chief Executive Officer

    October 26th, 2012

    Health plan industry veteran Simeon Schindelman to assume role as founder Abir Sen departs MINNEAPOLIS, Minnesota (October 26, 2012) – Bloom Health announced today the appointment of Simeon Schindelman as the company’s new chief executive officer-elect.  Schindelman joins Bloom Heath from Minnesota-based health plan Medica, where as Senior Vice President of Commercial Markets he helped launch the insurer’s defined contribution private insurance exchange—My Plan by Medica, powered by Bloom Health. Schindelman, who will start at Bloom on November 19, succeeds Bloom Health founder and CEO Abir Sen, who announced he will be leaving Bloom Health at the end of the year. Prior to his time at Medica, Schindelman held several leadership positions at UnitedHealthcare, including president, chief financial officer and chief operating officer of small business. “As I leave to pursue my next venture, it was important for me to find the person who would sustain the culture and the...

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