BNFT NASDAQ
Charleston, SC 29492
US
Benefitfocus, Inc. is a technology firm that delivers cloud-based solutions for managing employee benefits, catering to both companies and health insurance providers across the United States. For businesses, their extensive array of offerings encompasses: Benefitplace: a centralized cloud platform designed to streamline online enrollment, enhance employee communications, and simplify the overall administration of benefits. Health Insights: an advanced data analytics tool providing crucial intelligence for strategic decisions. ACA Management and Reporting: a dedicated system for businesses to navigate and comply with the Affordable Care Act regulations. Billing & Payments: an application that synchronizes enrollment and billing information to automate adjustments and improve the precision of payments. COBRA Administration: a simplified solution for handling Consolidated Omnibus Budget Reconciliation Act (COBRA) benefits. Health insurance plans leverage specialized products such as: Enrollment: a platform that automates the enrollment process across all segments of their commercial group business. Billing & Payments: an electronic system for invoice presentation and payment processing. Exchange: a solution that bridges the integration gap, ensuring seamless connection between health plan and employer systems. Quoting: a robust tool empowering health plans and brokers to effectively organize accounts, track sales leads, generate quotes, and create proposals for various products. Brokers also receive support through services like: Health Insights: offering on-demand health plan analytics to guide strategic recommendations for their clients. Benefit Catalog: enabling them to present a diverse range of products to their clientele. Consultative assistance for the benefit catalog, provided by expert benefit advisors. Beyond these core products, Benefitfocus furnishes vital implementation services to facilitate seamless deployment and optimal utilization of its solutions. Additionally, it provides enhanced support services specifically tailored for employers. Established in 2000, the company maintains its headquarters in Charleston, South Carolina.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Napier A Lanham | U-Tender | 1,777,778 | — | 2023-01-24 |
| Napier A Lanham | D-Return | 37,447 | — | 2023-01-24 |
| Young Zeynep | 0 | — | 2023-01-24 | |
| Young Zeynep | 0 | — | 2023-01-24 | |
| BuildGroup LLC | U-Tender | 1,777,778 | — | 2023-01-24 |