CHARLESTON, S.C., Sept. 20, 2017 /PRNewswire/ -- Benefitfocus,
Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits
management software, today announced its Autumn Software Release,
with enhancements designed specifically to drive success before,
during and after Open Enrollment and ensure benefits administrators
and employees have a great experience.
"Our customers' ongoing success is important to us, and Open
Enrollment is a crucial part of that," said Benefitfocus President
Ray August. "The experience for our
insurance carriers, benefits administrators and employees during
this critical period sets the tone for year-round employee
engagement. The updates in our Autumn Software Release are
specifically designed to set our entire community up for success
and provide our customers with the tools they need to provide for
their employees."
The software release's enhancements ensure employers and
insurance carriers have a smooth Open Enrollment on the
Benefitfocus Platform. New capabilities include:
Open Enrollment Planning
- One Place 365 Dashboard –
the all new One Place 365 Dashboard
provides immediate access to all of the information benefits
leaders need to plan and deliver a successful open enrollment on
the Benefitfocus Platform
- One Place 365 Requirements
Navigator – with the all new Requirements Navigator, planning
for renewal is even easier for benefits leaders with cloud based
requirements capture and the ability to monitor platform
configuration history over time
Open Enrollment Performance
- Open Enrollment Manager – based on community feedback,
the all new Enrollment Manager provides employers and insurance
carriers with real time visibility into upcoming deadlines,
time-sensitive tasks and final steps to deliver a successful open
enrollment
- Data exchange visibility – an improved data exchange
framework provides leaders with push button visibility into
platform transactions, file extraction and delivery
Year-Round Benefits Management
- Advanced Reporting – announced during One Place, HR and benefits leaders can now
access enterprise grade reporting capabilities and visualization
tools that simplify plan monitoring and provide easy access to data
on the Benefitfocus Platform
- Enhanced dependent verification – employees can easily
add or remove dependents, with automatic prompts to make plan
adjustments, and can easily see if dependent verification has been
completed
For insurance carriers, the release also includes additional
enhancements to power success for them and their customers
throughout the year, including:
- Simplified dependent management – streamlined dependent
modification combined with automated alerts to confirm coverage
changes year round
- Data accuracy & timeliness – Increased visibility
into data and new tools to anticipate customer setup and renewal
needs
- Responsive automatic enrollment – enables existing
employees to be auto-enrolled in certain benefits, for example when
they become newly eligible in response to a category change,
without logging into the enrollment portal
Current customers can learn more about the Autumn Software
Release and receive training with these new tools through the
Benefitfocus University.
About Benefitfocus
Benefitfocus (NASDAQ: BNFT)
provides a leading cloud-based benefits management platform that
simplifies how organizations and individuals shop for, enroll in,
manage and exchange benefits. Every day leading employers,
insurance companies and the consumers they serve rely on our
platform to manage, scale and exchange benefits data
seamlessly. In an increasingly complex benefits landscape, we
bring order to chaos so our clients and their employees have access
to better information, make better decisions and lead better lives.
Learn more at
www.benefitfocus.com, LinkedIn and Twitter.
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SOURCE Benefitfocus, Inc.