Based on over 15 years of benefits management experience, the new buyer’s guide helps executives select the most effective benefits technology for today’s rapidly evolving environment
Charleston, S.C. – August 11, 2015 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits software solutions, has published its inaugural Buyer’s Guide to Effective Benefits Management Technology, an inventory of ways to simplify and enhance every aspect of benefits administration. The Buyer’s Guide encapsulates the company’s 15-year track record of designing and deploying benefits management software for large employers and health insurance carriers. Featured on the newly redesigned Benefitfocus website, the Buyer’s Guide helps executives select the most effective technology platform to improve the business of benefits management, manage escalating healthcare costs and attract top talent to their organizations.
“With 662 large employers and 52 insurance carriers on the Benefitfocus Platform, we’re uniquely positioned to help executives think about their technology roadmap when it comes to improving the way they manage benefits,” said Benefitfocus Chief Commercial Officer Andy Howell. “The Buyer’s Guide is a product of that knowledge, and serves as an extension of our mission to provide people and organizations the information they need to make better decisions and lead better lives.”
A new era of technology has emerged for the health insurance and employee benefits industries – revolutionizing the way people shop for, enroll in, manage and exchange benefits and benefits-related information. Adoption of mobile-friendly, cloud-based solutions for benefits has skyrocketed, but there are still many organizations and individuals working to navigate the evolving landscape of procedures, policies and spending.
Benefits administration goes beyond open enrollment
With Benefitfocus’ Benefits Lifecycle planning model as its framework, the Buyer’s Guide discusses the factors to consider when evaluating a benefits technology platform that provides year-round benefits administration, including how to:
- Create a more competitive benefits package
- Better engage employees
- Guide smarter benefits decision making
- Simplify compliance and reporting
- Predict and control costs
The guide emphasizes flexibility, user experience, service and the power of data when selecting a technology partner that can meet a company’s unique and evolving benefits management needs. Complementary to the Buyer’s Guide, Benefitfocus launched the new Benefitfocus.com, which includes industry thought leadership, resources for ACA compliance and wellness programs, and case studies from a wide variety of clients sharing their key learnings and tips for benefits management success.
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