StoneMor Partners L.P. Enhances Nationwide Benefits Program With Benefitfocus

October 6, 2015

Benefitfocus LogoStoneMor expands voluntary benefits offerings and services for its more than 3,000 employees

Charleston, S.C. – Oct. 6, 2015 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits software solutions, announced today that StoneMor Partners L.P. will offer its employees additional financial protection with a voluntary benefits package provided by the BENEFITFOCUS® Benefitstore through BENEFITFOCUS® Marketplace. StoneMor will also provide employees with access to additional benefits assistance through BENEFITFOCUS® Benefits Service Center.

StoneMor is the second largest owner and operator of cemeteries and funeral homes in the U.S., servicing thousands of families in a caring, personalized manner across 400 locations in 28 states and Puerto Rico. In 2014, the company implemented the Benefitfocus Marketplace to better support benefits enrollment and communication as it prepared to introduce a consumer-directed health plan (CDHP) to its geographically dispersed workforce of more than 3,000 employees.

Additionally, StoneMor selected the Benefitstore service to deploy a comprehensive voluntary benefits strategy to support the health and financial needs of its employees. Benefitfocus will conduct a demographic analysis of the StoneMor workforce to determine, from a catalog of leading voluntary benefit providers, the appropriate mix of products for StoneMor to offer. These products will then be integrated into the Benefitfocus Marketplace enrollment workflow, giving employees a single workflow to decide on supplemental coverage at the same time they’re choosing core medical coverage.

“We knew that in introducing the CDHP, we had to provide the right education for our employees,” explained Gina Mack, director of benefits and administration at StoneMor. “The Benefitfocus Marketplace made the initiative a reality for us, and we’re very excited to take it a step further with the Benefitstore. The Benefits Service Center will be another value add for our employees as they navigate the new benefits options we are rolling out.”

A team of Benefitfocus Benefits Service Center associates will be available to assist StoneMor employees during their upcoming open enrollment as well as throughout the year. The Benefits Service Center team is trained in StoneMor’s unique benefits plan, so employees can get the answers they need regarding their benefits options.

“We are excited to provide StoneMor the tools that will give their employees the transparency and knowledge they need to become more informed healthcare consumers,” said Benefitfocus CEO Shawn Jenkins. “With the right information, planning for the future is easier, and that’s the end goal of our technology – empowering more informed decisions so that employees can protect their health and wealth.”

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