Softheon is the Second Highest Ranking Private Exchange Website According to Alexa
Demand for Softheon’s Benefit Management Cloud Platform Increases as More Insurance Carriers and Brokerage Firms Offer a Wider Variety of Health Insurance Products and Services for Individuals and Businesses
STONY BROOK, N.Y. March 2, 2017 – Softheon, a proven leader in cloud-based health insurance exchange integration and remediation, has been confirmed by Alexa as the second-most-visited health insurance exchange website among its competitors. As a wider variety of benefits are being offered on, and purchased through, the exchanges, Softheon has seen a spike in demand for its innovative technology, which provides a one-stop-shop for building out private exchanges for insurers, provider-sponsored health plans, and employers.
“We’re excited to see this uptick in traffic to our website as it means that we are helping to address a huge need in the industry,”said Softheon founder & CEO Eugene Sayan. “As operators offer more types of products on their platforms, it also means consumers have more choices. Our technology brings data assets to the consumer to help them sort out all of the options and select the health plan that is right for them.”
According to Alexa, Softheon’s current US ranking is 9,391 with a global ranking of 50,603, which marks ~200% growth within the past 4 months. Alexa, an Amazon Company, tracks and reports the detailed website analytics of an unfixed number of domains amongst millions of Internet users. Utilizing global statistics of total visitors, Alexa reported Softheon as the leading Health Insurance Commerce web site with the highest visitors. For the month of December, Softheon was behind only ehealthinsurance.com, (EHTH) but ahead of Benefitfocus (BNFT), Mercer, Tower Watson and other leading private exchange web sites.
Sayan added “Nearly 1 Million Active Monthly Users (AMU) use Softheon powered technologies to purchase and access healthcare. With the lowest Bounce Rate, Softheon users are spending twice as much time on our portals than nearest competitors. This is a testimonial to our commitment to bring disruption and innovation to healthcare.”
Softheon continues to build on its success in providing leading Private and Public exchange platforms for consumers, brokers, employers, and health plans in all 50 states. Recently, Softheon has announced an extension of its Equity platform to help payers prevent unauthorized third party payments.
Alexa, an Amazon Company, focuses exclusively on delivering the richest and most meaningful analytics tools for their customers. Founded in 1996, Alexa is a global pioneer in the world of analytical insight. Their vast experience means they have dealt with all of the pitfalls and tripped over all of the landmines, and over time, developed the most robust and accurate web analytics service of any provider.
Enabling health insurers to embrace digital transformation, Softheon is a leading Software as a Service (SaaS) and end-to-end fully integrated Business Process as a Service (BPaaS) solution for Benefit Design, Enrollment & Underwriting, Premium Billing, and Presentment & Payment platforms. Softheon SaaS & BPaaS have been utilized by over 35% of healthcare payers and were responsible for nearly 20% of ACA enrollments in 2017.
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