Benefitfocus Platform Offers Improved Insights, Payment and Communications Components
"These enhancements-demonstrate our continued investment in our platform to provide actionable intelligence, drive high-impact employee engagement, and deliver a world-class benefits experience that improves lives," said Benefitfocus CTO
Benefits Across the Ecosystem
These enhancements are the latest results of
Brokers and employers will receive enhanced tools to help them reduce administrative burden and communicate more effectively with their employees. Health Plans will benefit from enhanced login security capabilities to provide partners with additional ways to provide a secure benefits experience to their customers.
As stakeholders on the platform, benefits buyers and sellers will both benefit from these new capabilities:
- Health Insights: With an all new look and feel, starting with an updated main menu, every reporting, analysis and plan modeling application has been maintained and improved with new font, colors, graphics and more—leading to an overall cleaner presentation and outputs. All powered by Benefitsaige,
Benefitfocus'artificial intelligence (AI) and machine learning technology, which is applied to all solutions to add value to customers.
- Custom Paycheck Ranges within the HSA Component: A new contribution option will allow consumers to contribute to their HSA accounts with increased flexibility based on the date ranges and timeframes that work for them.
- Shop & Offers Enhancements: There are enhancements to multiple aspects of the Shop & Offers experience, including the Shop & Offers home page and the plan selection pages. All voluntary benefits can be housed in one place, thanks to the ability to incorporate benefits that require qualifying life events to elect into Shop & Offers.
- Smart Moments Console Enhancements: Employers will now have the ability to easily create and send separate email, SMS/text and push messages to employees from the Smart Moments Console, making it easier to drive engagement and communicate about their benefits year-round.
To learn more about these updates and the Benefitfocus MarketPlace, click here.
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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: the need to innovate and provide useful products and services; the immature and volatile nature of the market for our products and services; our ability to compete effectively; management of growth; our ability to maintain our culture and recruit and retain qualified personnel; 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
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