CHARLESTON, S.C., May 5 /PRNewswire/ -- Benefitfocus®, the largest
healthcare and voluntary benefits software provider in the U.S.,
announced today an ongoing partnership with BancorpSouth Insurance
Services, Inc. (NYSE: BXS), one of the country's largest insurance
brokers. This exciting relationship provides the Benefitfocus
Platform™ to BancorpSouth Insurance customers. The Platform, in
conjunction with the Benefitfocus HR InTouch Application™, offers
BancorpSouth Insurance clients a centralized portal to evaluate
benefit options, compare plans, receive location-specific
communications and enroll in their benefits.
"Benefitfocus' connectivity to the insurance carrier market,
coupled with strong data integration capabilities, made the choice
very easy for us," said Amy
Underwood, vice president for BancorpSouth Insurance. "HR
InTouch also provides our clients with access to a branded portal
that they can customize to meet their specific needs."
The Platform's configurable business rules and data exchange
mapping tools allow for simple and efficient client data
management. Benefitfocus partners with several insurers that are
aligned with BancorpSouth Insurance as well, making it easy to
exchange information with the company's 50 benefit providers.
HR administrators will be able to approve benefit elections and
changes from one website, rather than logging into several places
or managing paperwork for many different insurance carriers. For
employees, the One-Thought-Per-Screen design automates the benefit
election process and helps them make more informed choices. Because
the Platform supports more than just health insurance, employees
can view all their benefits information in one place.
"As the healthcare marketplace becomes more competitive, many
firms are making plans to expand their services, and in particular
their technology capabilities," explained Shawn Jenkins, president and CEO of
Benefitfocus. "Being selected by BancorpSouth Insurance to supply
their benefits Web technology platform is a commendation of our
strategy and the great technology we've built."
With new healthcare legislation, BancorpSouth Insurance clients
need a technology platform that can enforce business rules and help
them maintain compliance. The HR InTouch Video Library educates
employees about complex terms and benefits information.
Benefitfocus technology meets their needs by managing benefits,
healthcare education and communication across the business
spectrum.
The Platform and HR InTouch App are delivered via Software as a
Service. Benefitfocus customers know that the software is available
whenever and wherever they need it, with the performance levels and
reliability that today's tech-savvy consumers have come to
expect.
About BancorpSouth Insurance Services, Inc.
BancorpSouth, Inc. is a financial holding company
headquartered in Tupelo,
Mississippi, with approximately $13.3
billion in assets. BancorpSouth Insurance Services, Inc., a
wholly-owned subsidiary of BancorpSouth, Inc., operates from 21
locations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Illinois, and Texas.
www.bancorpsouthinsurance.com
About Benefitfocus
Benefitfocus is the largest healthcare and voluntary benefits
software provider in the U.S. with 10,557,488 consumers, 326,962
employers, 58,039 brokers and 2,932 carrier representatives live on
the Benefitfocus Platform™. Benefitfocus offers a single Web-based
platform for benefit shopping, enrollment, management and
industry-standard data exchange. Benefitfocus – All Your Benefits.
One Place.
www.benefitfocus.com
Benefitfocus.com,
Inc.
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Joy
Capps
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843-991-9276
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joy.capps@benefitfocus.com
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SOURCE Benefitfocus