SOURCE: Castlight Health

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September 30, 2015 08:30 ET

Castlight Health Wins National Contract With General Cable

SAN FRANCISCO, CA--(Marketwired - September 30, 2015) - Castlight Health, Inc. (NYSE: CSLT), the leader in enterprise healthcare management (EHM), today announced that General Cable (NYSE: BGC) has selected the Castlight EHM platform to help the company tackle ever-rising healthcare costs and engage employees to become healthcare consumers.

General Cable, a Fortune 500 company, is one of the largest wire and cable manufacturers in the world, innovating in this space for over 170 years. The company recognized the need to partner with its employees to lower costs, improve health outcomes and increase benefits satisfaction. By leveraging the Castlight Enterprise Healthcare Cloud, General Cable employees can access critical personalized health information, to make the most informed healthcare decisions for themselves and their families.

"The medical system has increasingly become more complex, expensive and difficult to navigate. In light of this, we wanted to ensure that our employees are armed with the best technology to make informed healthcare decisions," said Jon Hautz, Director, Health and Welfare Plans at General Cable. "The Castlight Enterprise Healthcare platform will help our employees gain a deeper understanding of their benefits and choices for themselves and their families."

As part of this agreement, General Cable plans to:

  • Partner with their employees to tackle increasing healthcare costs
  • Equip employees with Castlight, giving them a personalized experience to review and understand their healthcare benefits and choices
  • Gain real-time engagement and utilization insights to optimize health benefit programs

"General Cable and its employees can proactively combat the rising costs of healthcare with access to the right information. Castlight Health is excited to be a part of this effort by offering General Cable and its employees the robust data needed to make informed benefits decisions, drive down healthcare costs, and improve workforce satisfaction and productivity," said Michele Law, chief revenue officer of Castlight Health.

Over 180 companies spanning 25 industries have selected the Castlight Enterprise Healthcare Cloud to lower costs, improve outcomes and increase benefit satisfaction. Castlight customers include 10% of the Fortune 500 companies, including those in retail, technology, manufacturing, and transportation, as well as government entities.

About General Cable
General Cable (NYSE: BGC), a Fortune 500 Company, is a leader in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for the energy, construction, industrial, specialty and communications markets. For more information about General Cable visit our website at www.generalcable.com.

About Castlight Health
Castlight Health, Inc. (NYSE: CSLT) is a leader in Enterprise Healthcare Management. We believe great healthcare builds great business, and U.S. enterprises can gain control over the $620 billion spent annually on healthcare, transforming a crippling cost into a strategic business advantage. Recognized as a top 2014 software platform by the HR Technology Conference & Exposition, the Castlight Enterprise Healthcare Cloud enables employers to understand and manage all their healthcare investments while helping employees make the best possible healthcare decisions. Castlight is a great place to work, honored with a Glassdoor Employees' Choice award and recognized by Rock Health for Diversity in Leadership. For more information visit www.castlighthealth.com. Follow us on Twitter and LinkedIn and Like us on Facebook. Source: Castlight Health.

Copyright 2015 Castlight Health, Inc. Castlight Health® is the registered trademark of Castlight Health Inc. Other company and product names may be trademarks of the respective companies with which they are associated.

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