METLIFE PRODUCTS NOW AVAILABLE ON MAXWELL HEALTH'S PLATFORM
New York, December 03, 2014
Maxwell Health, a revolutionary operating system for employee benefits, will now make MetLife products available through their private marketplace effective January 1, 2015, with quotes available now.
"MetLife has been in the industry for more than 140 years, and they've established one of the highest-regarded brands in the industry. This relationship will allow us to provide our customers and our marketplace with premier products and services that reach far beyond traditional employee benefits and financial service offerings," said Bob Gaydos, VP of Strategic Partnerships at Maxwell Health. "MetLife's suite of products and services helps clients manage and build for their financial freedom. This collaboration is truly transformative in the employee benefits and insurance market."
Maxwell Health features a beautiful user interface and an intuitive, lifestyle-based system that bundles employee benefits for simplified, personalized benefits enrollment. With Maxwell, employers can offer all lines of insurance, including both fully- and self-insured medical insurance, as well as individual products from the state and federal exchanges, dental, vision, life, short and long-term disability, financial products including 401k and HRA/FSA/HRA, increasingly popular voluntary products like accident and critical illness insurance and other innovative best-in-class products and services for their employees.
"As part of our overall strategy to align with third parties that share our values and dedication to high levels of education and guidance, this relationship with Maxwell Health makes perfect sense," said Jessica Moser, Vice President at MetLife. "Together we will be able to share helpful information that can engage employees in their overall health and overall wellness."
MetLife is committed to providing a best in class benefits experience through private marketplace and third party relationships. Through the Maxwell Health platform, employees will have access to the following MetLife products: Basic and Voluntary Life; Dental PPO (PDP Plus Network); Vision; Basic and Voluntary Long Term and Short Term Disability; Auto and Home (in Q1 2015); Critical Illness (Attained Age); Accident; Hospital Indemnity; Legal Services and MetLife Defender (available 4/1/15 for employers with fewer than 1,000 employees). All products will be available for groups with more than 100 employees, with a more limited selection coming soon for companies with between 10 and 100 employees.
Employees registering for benefits through Maxwell Health will benefit from the company's iOS and Android mobile app, which includes a virtual insurance card and provides benefits and wellness information 24/7. The app streams in employee fitness data from market-leading Jawbone UP and Fitbit fitness devices, providing contextualized, relevant feedback to employees for their wellness programs. A social layer includes wellness challenges and company leaderboards, and an easy-to-implement rewards marketplace allows employers to reward healthy behavior with gift cards or nonprofit donations.
The platform is also a comprehensive benefits administration solution for HR administrators and supports complex benefits strategies for groups of any size. Maxwell integrates with The Online 401(k) for retirement savings, ConnectYourCare and Discovery Benefits for HRA, HSA, FSA, commuter benefits, and COBRA services and best-in-class HRIS, including BambooHR, Tribe HR and SilkRoad, with more integrations to be announced in the coming months.
"Providing MetLife products through Maxwell Health's platform furthers our goals to reach consumers with benefits in the way that most suits their needs while providing a streamlined, easy-to-administer service for employers," said Moser of MetLife. "We see great potential in this new distribution model and believe it will become a significant option for benefits sales over the next few years."
About Maxwell Health
Maxwell Health, a fast-growing industry leader in health IT, is the first Health as a Service platform. This revolutionary operating system for employee benefits engages employees, incentivizes a holistic view of health, and provides a centralized place to access health and benefits services, including telemedicine; child, senior, and home care subscriptions; healthcare concierge services; healthy meal delivery subscriptions; identity theft protection and resolution services; biometric screenings; and prescription optimization services. Maxwell's web portal and mobile app enhances the benefits experience by leveraging data from multiple sources, meaning better, more informed health solutions. Benefits brokers, TPAs, carriers, and other vendors license Maxwell's technology to use with their employer clients. For more information about Maxwell Health, please visit www.maxwellhealth.com
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.