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To make the most of the potential of private health insurance exchanges, companies will need to bear in mind several new realities.
Q. Can companies pick their own ticker symbols? A. On the major exchanges, companies have at least some say about their ticker symbols.
Because of the scale of the US exchanges, companies at this sort of valuation can struggle to cut through the noise.
Indeed, the core bet of Oscar ― that a startup with a slick app could outsmart the entire insurance industry ― is belied by who has managed to be successful selling plans on the exchanges: companies with a track record of selling plans to individual buyers.
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So far, those rules have faced resistance from the exchange companies.
Both exchange companies had said that they expected investors to tender their holdings close to the deadline.
Specialized exchange companies, such as the Private Exchange Group in Fort Lauderdale, Fla., now provide information, knowledge and assistance to accomplish the exchange.
TRADING VALUE -- Higher-rated resorts and high-season weeks, as determined by the exchange companies, tend to bring better trades.
Travelex and other foreign exchange companies like International Currency Express also let travelers buy a stack of actual euros before their trips.
On Ariba's exchange, companies deal in items as varied as steel, fats, oils, name badges, pickles, plastic bottles, solvents, taco seasoning and cardboard.
Buffeted by upstart electronic competitors and demand for greater international services, traditional exchange companies have sought to find ways to gain scale and services.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com