December 22, 2014 1:09 AM ET

Healthcare Providers and Services

Company Overview of Extend Health, Inc.

Company Overview

Extend Health, Inc. provides health benefits management services in the United States. It operates a private Medicare insurance exchange. The company offers proprietary defined contribution health care programs that serve various major markets, including large company group plans, large company working uninsured, retiree plans, and individual access plans. It serves public and private sector clients, including employers and retirees. Extend Health, Inc. was formerly known as Wellness Services LLC. The company was founded in 2002 and is based in San Mateo, California. As of May 29, 2012, Extend Health, Inc. operates as a subsidiary of Towers Watson & Co.

10975 South Sterling View Drive

South Jordan, UT 84095

United States

Founded in 2002

319 Employees

Phone:

866-322-2824

Key Executives for Extend Health, Inc.

Co-Founder and Director
Age: 53
Chief Operating Officer
Age: 46
Chief Technology Officer and Senior Vice President
Age: 36
Chief Marketing Officer and Vice President
Age: 45
Executive Director of Public Sector Strategy
Compensation as of Fiscal Year 2014.

Extend Health, Inc. Key Developments

The Ohio Public Employees Retirement System Selects Extend Health, Inc. to Administer OPERS Medicare Connector

The Ohio Public Employees Retirement System (OPERS) has selected Extend Health, Inc. to deliver and manage a private Medicare exchange, or connector, for its 145,000 Medicare-eligible retirees and spouses beginning in 2016. The OPERS Medicare Connector will use Towers Watson's OneExchange to provide retirees with access to plans on the individual Medicare market, one of several changes adopted by OPERS to offer more health care plan choices at affordable prices. The OPERS Medicare Connector will go live for OPERS retirees in the fall of 2015 for the plan year 2016. Participants will be able to select, purchase and enroll in Medicare Advantage or a Medigap plan, and a Part D prescription drug plan. OneExchange licensed benefit advisors will provide retirees with one-on-one consultations to help them find plans that are right for them based on their needs and budget. Eligible retirees will receive a monthly allowance through a health reimbursement account (HRA) for paying premiums and other qualified out-of-pocket medical expenses. Retirees can also select dental and vision plans through the Connector, and use HRA funds to purchase them, or continue to select the OPERS group dental and vision plans.

Exchange Solutions Presents at 10th Annual East Coast Technology Growth Conference, Oct-15-2013

Exchange Solutions Presents at 10th Annual East Coast Technology Growth Conference, Oct-15-2013 . Venue: Westin Copley Square, Boston, Massachusetts, United States.

California State Association of Counties Finance Corporation Partners with Towers Watson

The California State Association of Counties (CSAC) Finance Corporation and Extend Health announced a partnership that will allow California counties to provide health benefits for their Medicare-eligible retirees and dependents on the private Medicare exchange. This partnership allows California counties to increase their retirees' health coverage options, and gives them expert advice to pick the best coverage for them with a program that is cost-effective and sustainable for the county.

Similar Private Companies By Industry

Company Name Region
ETMC Carthage United States
Grafton City Hospital Inc. United States
Lawrence Memorial Hospital United States
Cassling Diagnostic Imaging, Inc. United States
Mortenson Family Dental Center Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Extend Health, Inc., please visit www.extendhealth.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.