Lockton Companies has joined other major insurance brokers responding to changes brought on by the Patient Protection and Affordable Care Act by adding a private insurance exchange to its employee benefits division, Lockton Benefit Group.

The Kansas City, Mo.-based broker says it is partnering with SelectQuote Benefit Solutions to deliver a private insurance exchange for retiree medical benefits. The exchange will work with retirees, age 65 and older, and any disability Medicare recipients, to give them access to Medicare Supplement, Medicare Advantage and prescription drug plans through the Lockton Select Marketplace powered by SelectQuote Senior.

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