(BNFT) - Profile

BNFT: - 26.45, $851.19M, -0.95 (-3.47%)

Sector: Technology - Industry: Application Software



Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers in the United States. It operates through Employer and Carrier segments. The companys products for insurance carriers include Marketplace, an online shopping environment; eEnrollment that provides online enrollment for benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution for communication; eSales for carriers and brokers to organize and manage accounts, track leads, generate quotes, and create proposals for products; and Core and Advanced Analytics, a data analytics solution. Its products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; Communication Portal, an employee engagement portal; BenefitStore, a solution for employees to avail various ancillary benefits; ACA Compliance and Reporting, a solution for employers to manage ACA compliance; and eBilling and Payment, an electronic invoice presentment and payment application. In addition, the company provides professional and customer support services, which include implementation services, such as discovery, configuration, deployment, integration, testing, training, and technical support; HR support center services; and video library services. Further, it offers partner offerings, such as RedBrick Health that provides access to customizable health assessments, digital coaching, tracking, and challenges; LifeLock that allows employees to purchase identity theft protection; Equifax ACA Management Platform that provides an end-to-end ACA management and compliance solution; SuccessFactors that provides employee performance management solutions; and WageWorks that supports benefits, such as health savings accounts, flexible spending accounts, health reimbursement, and other programs. The company was founded in 2000 and is headquartered in Charleston, South Carolina.Key Statistics

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