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Nice and interesting post.

Frankly, I've never heard of Ebix before this but being curious I looked into it and here's my quick take.

Ebix exchange sounds basically an admin program that offers a portal where people can choose and buy different policies and it goes all the way through billing and management of those policies, admin only doesn't seem medically related. Related to the new health insurance exchanges, typically they will be state run, so I guess the State would contract with Ebix to set up the software and help load all the offerings, etc. People would go to the site, choose a plan but be billed by the state exchange with the help of Ebix software.

Now the software probably isn't only for state exchange, individual companies or mini-exchanges could use the software as an interface and billing/admin resource. Say a large insurance broker could offer all sorts of different policies through the one portal and get nice billing and accounting solution.

I'm guessing the company's two clients aren't state contracts or the CEO wouldn't have been so shy about the anticipated benefits.

But a state exchange win would be big for the co. Thanks for the revelation. I'm going to look closer and keep my eye on this co.
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