Quotit Corporation is a leading Internet application service provider for the health insurance and employee benefits industry. Quotit Corporation's Internet software enables insurance organizations to increase productivity and reduce costs by directly connecting insurance companies, brokers and retail consumers with insurance rates and benefits on-line, in real time.
Quotit has established relationships with over 120 insurance carriers representing over 11,300 plans in the health, life, dental and vision insurance markets, including such names as: Aetna, United Healthcare, Health Net, WellPoint, Assurant Health, Humana, Celtic and independent licenses of the Blue Cross Blue Shield Association. Quotit's database of carriers and plans extends to 50 states including the District of Columbia.
(ORANGE, Calif. − Sept. 5, 2013) — Quotit® Corporation, a leading national provider of Internet sales and marketing technology solutions for the health insurance industry, has been awarded a Federally Facilitated Exchanges Web Broker Entity (FFE WBE) Agreement with the Centers for Medicare & Medicaid Services (CMS).
The FFE WBE Agreement provides Quotit access to the federal data hub, which enables the company to furnish tax subsidy, eligibility qualification information, and an enrollment channel to consumers in states not operating their own individual health insurance marketplaces, which are being set up as part of the Affordable Care Act (ACA).
“Under the new agreement Quotit will provide FFE WBE-compliant technology to independent, licensed agents – both large and small – empowering them to help consumers enroll in Federally Facilitated Exchanges,” says Chad Hogan, senior vice president at Quotit. “Indeed, Quotit’s range of licensed users includes community-based insurance professionals as well as three of the five Web Broker Entities announced publicly by CMS to assist consumers enrolling in the online marketplaces nationwide. We’re very excited to be a partner with CMS, the new online marketplaces, and our affiliated agents to help individuals and families find and enroll in coverage that meets their specific needs and satisfies the ACA individual mandate.”
During the past 18 months, the Quotit technology platform has produced health quotes for over 13.5 million individual American consumers through its network of subscribing community-based and national insurance professionals. “We understand many licensed agents who have a following in their local communities simply do not have the resources to create FFE WBE-compliant technology, security and privacy systems,” Hogan continues. “The underlying promise of our WBE-focused platform is millions of Americans will be able to utilize their trusted local agent to enroll in a Federally Facilitated Exchange in a secure environment,” Hogan concludes.
About Quotit® and The Word & Brown Companies
Quotit® Corporation is a leading national provider of Internet sales and marketing technology solutions for the health insurance industry. Quotit’s proprietary Internet applications simplify the insurance search and enrollment process by connecting brokers and consumers to insurance carriers representing approximately thousands of plan designs in the health, life, dental and vision insurance markets.
Quotit is part of The Word & Brown Companies, which provide insurance services nationwide through more than 50,000 brokers to hundreds of thousands of consumers and approximately 60,000 employers with nearly 6.5 million eligible employees.
The Word & Brown Companies also include the Word & Brown® General Agency, with divisions focused on group benefits, individual and family insurance, and Medicare coverage; HealthCompare and Joppel by HealthCompare, which help individuals, families and seniors easily research, compare, buy and enroll in the right health insurance or Medicare Advantage, Medicare Supplement (Medigap) or Prescription Drug Program plan at the right price; CHOICE Administrators®, the nation’s leading developer and administrator of private group health insurance exchange programs; and CONEXIS, the nation’s first outsourcing provider to offer benefits administration on a single, Web-based, fully integrated system. For more information, visit www.wordandbrowncompanies.