Key information

🔎 Fund Overview

Benefitfocus, Inc. is a cloud-based benefits administration technology company that serves employers and health plans. The Company helps organizations simplify the complexity of benefits administration while engaging people in the right healthcare and benefit programs for them and their families. It provides a multi-tenant cloud-based benefits enrolment and management platform for employees, employers, health plans, suppliers, and brokers. Its portfolio of products and services serves the benefits ecosystem. Its solutions support medical benefit plans; ancillary benefits, such as, dental, life, disability insurance, mental health, and financial wellness; and an array of voluntary benefits. Employers use its solutions to streamline benefits processes and control costs. Health plans use its solutions to market offerings to benefits-eligible employees, simplify billing, and improve the enrolment process. Brokers use its platform to manage employer portfolios and individual clients.