CHARLESTON, S.C., May 24, 2021 /PRNewswire/ -- Benefitfocus,
Inc. (NASDAQ: BNFT), an industry-leading benefits technology
platform that simplifies benefits administration for employers,
health plans and brokers, has launched its series of
One Place Local events, with five regional sessions in late May and
early June. Each event will feature "State of Employee Benefits
2021: Trends & Insights Following a Year of Disruption," a
workshop featuring data generated by Benefitfocus to show how the
unprecedented events of 2020 impacted employee benefits adoption.
The one-hour virtual events are accredited by HRCI and SHRM. In
addition to gaining insight into plan design and enrollment trends
leading up to and following the onset of COVID-19, attendees will
be able to build their network and hear directly from peers about
navigating evolving employee needs and expectations through
innovative benefit strategies and more. Benefitfocus data
scientists will join the events to provide deeper insights into
plan design and enrollment trends.
"The breadth of our customer base uniquely enables us to conduct
events like One Place Local with assets built from the enormous
amount of data we manage and the insights we then create that are
essential to employers' continuous improvement in plan design and
employee engagement. We are proud to bring together leaders in the
benefits industry to share their knowledge, and we apply the data
we've compiled to provide strategic insights," said Matt Levin, Benefitfocus president & CEO.
"This is more important than ever in the wake of the pandemic,
changing priorities among employees and the ongoing desire for the
health and well-being of among employers."
The One Place Local schedule for May and June is as follows:
- May 25: Northeast Region
- May 26: West Region
- June 8: Southeast Region
- June 9: Midwest Region
- June 10: Central Region
For networking purposes, Benefitfocus encourages participants to
attend the session for their region. Events of this sort yield
strategic value for acquiring, developing and retaining talent
within geographic markets through consideration of effective
benefit program design. Interested parties can register at
https://www.benefitfocus.com/events.
State of Employee Benefits
To create its analysis of
employee benefit plan design and participation, Benefitfocus
aggregated, anonymized and analyzed 3.5 million actual enrollment
records over a four-year period from nearly 350 large employer
customers (1,000+ employees). That analysis is illustrated
through graphs and appending tables and depicts trends for benefit
plan design and participation leading up to and following the onset
of COVID-19.
About Benefitfocus
Benefitfocus (NASDAQ: BNFT) unifies the entire benefits
industry through innovative technology solutions that bring
efficiency, cost savings and simplicity to employee benefits
administration. Our powerful cloud-based software, data-driven
insights and thoughtfully designed services help employers,
insurance brokers, health plans and suppliers address the
complexity of benefits enrollment and engagement, while bringing
easier access to health, wealth and lifestyle products
through a world-class benefits experience. Our mission is
simple: to improve lives with benefits. Learn more
at www.benefitfocus.com, LinkedIn, Facebook, Instagram
and Twitter.
DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS
Except for historical information, all of the statements,
expectations, and assumptions contained in this press release are
forward-looking statements. Actual results might differ materially
from those explicit or implicit in the forward-looking statements.
Important factors that could cause actual results to differ
materially include: volatility and uncertainty in the global
economy and financial markets in light of the evolving COVID-19
pandemic and uncertainties arising from the recent U.S. elections;
our continuing losses and need to achieve GAAP profitability;
fluctuations in our financial results; our ability to maintain our
culture, retain and motivate qualified personnel; the immature and
volatile market for our products and services; risks related to
changing healthcare and other applicable regulations; risks
associated with acquisitions; cyber-security risks; the need to
innovate and provide useful products and services; our ability to
compete effectively; 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.