Benefitfocus Strengthens Commitment to Brokers

CHARLESTON, S.C., Nov. 8, 2018 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, today announced its commitment to the success of their broker community from the main stage of their first annual New Frontiers platform selling event in Nashville, TN. The Benefitfocus Broker Promise is backed by a set of services and tools designed to help brokers become even stronger partners for their employer clients.

"Benefitfocus has deepened our commitment to foster collaborative, mutually beneficial partnerships with our broker partners," said Ken Haderer, Benefitfocus EVP, Global Operations. "Our combination of powerful technology and thoughtfully designed services ensure brokers and their clients are set up for success."

The Benefitfocus Broker Promise makes three commitments to our partners in the broker community:

1. Deliver a world class benefits experience to your clients.
2. Help you win, retain and grow your business.
3. Enhance the value delivered to your clients.

"Our BenefitsPlace offering unites brokers, carriers and consumers and we are excited to see how the broker community is responding," said Holly Olive, Vice President and General Manager, BenefitsPlace, Benefitfocus.

Partners in the broker community can unlock even more value from Benefitfocus with multi-tiered partnership programs including Premier and Platinum status. As of today, 49 broker offices, representing millions of consumers, have signed on as Premier partners.

Brokers interested in learning more, and joining the Benefitfocus Broker Community can sign up here.

About Benefitfocus

Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers' health, wealth 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; reliance on key personnel; our ability to compete effectively; management of growth; the need to innovate and provide useful products and services; changes in government regulations; the immature and volatile nature of the market for our products and services and other factors that could impact our anticipated growth; fluctuations in our financial results; general economic risks; 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