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Last $36.93 USD
Change Today -0.06 / -0.16%
Volume 91.2K
BNFT On Other Exchanges
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

benefitfocus inc (BNFT) Snapshot

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52 Week High
06/24/14 - $49.34
52 Week Low
02/12/15 - $19.58
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Current Stock Chart for BENEFITFOCUS INC (BNFT)

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benefitfocus inc (BNFT) Details

Benefitfocus, Inc. provides cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers under a software-as-a-service model in the United States. The company’s products for insurance carriers include eEnrollment that provides online enrollment for various benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution that bridges the communication gap between carrier and employer systems; and eSales that gives carriers and brokers tools to organize and manage accounts, track leads, generate quotes, and create proposals for various products. Its products for insurance carriers also comprise eDirect that enables carriers to sell policies directly to individuals; Marketplace, an online shopping environment, which allows customers to select from various benefits plan choices; and Data Cloud and Benefits Analytics, a data analytics solution. In addition, the company offers products for employers, including Benefitfocus Marketplace, which supports online enrollment, employee communication, and benefit administration; and Data Cloud and Benefits Analytics. Further, it provides professional and customer support services, such as implementation services, discovery, configuration and deployment, integration, testing, training and technical support, HR support center, and media and animation services. Additionally, it offers partner offerings, such as SuccessFactors that provides employee performance management solutions; WageWorks, which supports various benefits through a single sign-on from its platform; Spectra Integration that provides print fulfillment services; and BenefitStore, a solution that makes available directly to employees an array of ancillary benefits, as well as allows its partners and customers to develop custom apps that integrate directly with HR InTouch. The company was founded in 2000 and is headquartered in Charleston, South Carolina.

1,314 Employees
Last Reported Date: 02/27/15
Founded in 2000

benefitfocus inc (BNFT) Top Compensated Officers

Founder, Chief Executive Officer and Director
Total Annual Compensation: $536.0K
Chief Financial Officer and Secretary
Total Annual Compensation: $291.8K
Chief Commercial Officer
Total Annual Compensation: $400.0K
Compensation as of Fiscal Year 2013.

benefitfocus inc (BNFT) Key Developments

Schneider Electric Selects Benefitfocus, Inc. to Create Consumer-Driven Employee Benefits Experience

Benefitfocus, Inc. announced that Schneider Electric has selected BENEFITFOCUS® Marketplace to deliver a consumer-driven benefits experience for its more than 20,000 active workers and 5,000 retirees in the U.S. The benefits platform will provide an intuitive, user-friendly enrollment portal for Schneider Electric employees and will deliver an efficient administration solution aimed at optimizing plan design while containing healthcare costs. Schneider Electric also enlisted the BENEFITFOCUS® Benefits Service Center to supplement its person-to-person HR capacity with a specialized team to support its retiree benefit administration, telephonic enrollment and fulfillment.

Benefitfocus, Inc. Announces Executive Changes

Benefitfocus, Inc. announced the promotion of Raymond A. August from chief operating officer to president and COO of the company. Co-founder Shawn Jenkins will continue to serve the company in his role as CEO. Jenkins has led Benefitfocus since co-founding the company in 2000. In his continued role as CEO he will be able to spend his time focusing even more on long-range strategy, product innovation and continuing to drive the company's vision, culture and passion for design and engineering. August joined Benefitfocus in 2014, and as president and COO he will expand his leadership of operations and customer-centric initiatives that support Benefitfocus' near-term growth and profitability objectives. He will focus his energy and talent on customer delivery, business scalability, quality initiatives, sales and setting best practices for teams and processes. August has decades of leadership experience in the technology industry and most recently served as general manager of the financial services group of CSC, where he worked for 16 years prior to joining Benefitfocus.

Facchina Construction Group Selects Benefitfocus, Inc. to Support Benefits Enrollment and ACA Compliance

Benefitfocus, Inc. announced that Facchina Construction Group has selected BENEFITFOCUS Marketplace and the BENEFITFOCUS Benefits Service Center to help streamline benefits administration and enrollment for its multi-lingual workforce.


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