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Mar 28, 2019

Benefitfocus Campus Day is Largest Open Enrollment Planning Event for Employee Benefits Industry

Nearly 90 employers gather with brokers, carriers and Benefitfocus advisors to build their 2020 benefits strategies

CHARLESTON, S.C., March 28, 2019 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, today announced that 89 employers representing nearly six million consumer lives on the BENEFITFOCUS® Platform are attending its Campus Day on Thursday, March 28, 2019. The event is a day of one-on-one strategic consulting meetings to help customers build a comprehensive and competitive benefits strategy and experience, and is the largest Open Enrollment (OE) planning event in the industry.

Benefitfocus logo (PRNewsFoto/Benefitfocus, Inc.) (PRNewsfoto/Benefitfocus, Inc.)

The OE strategy sessions bring together employer customers, Benefitfocus advisors and account general managers, brokers and carrier partners to collaborate to build customized benefits plans that meet the specific business objectives of each employer.

"Partnering with our employer, broker and carrier customers as both a technology provider and strategic benefits advisor is an important part of our DNA," said Ken Haderer, Executive Vice President of Global Operations at Benefitfocus. "Campus Day is the perfect way to connect our entire ecosystem and set employers up for success by collaborating on a strategy that augments their annual enrollment process into a comprehensive, year-round program that meets the individual needs of their employees."

During Campus Day, customers will gain an understanding of how to diversify the benefits they offer to their employee populations through the expanded health, wealth, property and lifestyle benefits on Benefitfocus BenefitsPlace®, including its newly announced personal auto insurance, renters insurance and Consumer-Directed Healthcare account options. They'll also learn new ways to engage employees in benefits year-round to support consumers' individual needs, with the 52-week benefits management and enrollment experience delivered through the all-new Benefitfocus Mobile App.

"Benefits are a tremendous differentiator for employers, and we're committed to helping them deliver the best possible experience to consumers through a wide variety of insurance options and specialty products as well as frictionless technology that makes benefits selection and management easy and enjoyable," continued Haderer.

About Benefitfocus
Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers' health, wealth, property and lifestyle. Our powerful cloud-based software, data-driven insights and thoughtfully-designed services, enable employers, insurance brokers and carriers to simplify the complexity of benefits administration and deliver a world-class benefits experience. Learn more at www.benefitfocus.com, LinkedIn and Twitter.

Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results or performance might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our ability to maintain our culture and recruit and retain qualified personnel; management of growth; the need to innovate and provide useful products and services; our ability to compete effectively; the immature and volatile nature of the market for our products and services; risks related to changing healthcare and other applicable regulations; privacy; security and other risks associated with our business; and the other risk factors set forth from time to time in our SEC filings, copies of which are available free of charge within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec-filings or upon request from our investor relations department. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

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SOURCE Benefitfocus, Inc.

Benefitfocus, Inc., 843-284-1052 ext. 3527, pr@benefitfocus.com