Benefitfocus

Benefitfocus, Inc. is a cloud-based benefits management platform that serves consumers, employees, employers, insurance brokers, carriers, and suppliers in the United States. The company offers a range of products designed to streamline benefits enrollment and administration. For insurance carriers, solutions include automated enrollment tools, electronic invoicing, integration solutions, and account management tools. Employers benefit from the Benefitfocus Marketplace, which simplifies online enrollment and communication, and other services that support ACA compliance, billing synchronization, and COBRA administration. Additionally, Benefitfocus provides analytics tools to help organizations manage costs and risks associated with employee benefits. The company operates on a subscription model, generating revenue primarily through annual contracts with employers and multi-year agreements with insurance carriers. Founded in 2000 and headquartered in Charleston, South Carolina, Benefitfocus plays a key role in integrating benefits management and enhancing employee engagement.