Benefitfocus Community Members Collaborate to Promote Data-driven Decisions

One Place Local, Advanced Analytics unites Benefitfocus associates and customers to discuss how they are leveraging insightful data to drive decisions and create positive health outcomes

Charleston, S.C. – June 20, 2019 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, announced today that it will hold a One Place Local specifically for its Advanced Analytics customers on Wednesday, July 17, 2019 at the HealthNow Administrative Services office in Blue Bell, PA. Initiated in 2015, One Place Local serves as a key collaboration forum for Benefitfocus customers to develop and learn best practices and engage in peer-to-peer dialogue about how they are optimizing their benefits strategies to address trends, reduce costs, improve employee engagement and simplify benefits administration.

Advanced Analytics, part of Benefitfocus’ MarketPlace Insights solution, provides tools for employers, brokers, third-party administrators (TPAs) and insurance carriers to monitor population health, identify cost drivers, model plan designs and control health care costs. With flexible reporting options and the ability to dig deep into a wide array of plan details, MarketPlace Insights gives customers the knowledge they need to make informed, cost-effective health and wellness decisions.

“As we assessed customer feedback from our national One Place conference, we found that our Advanced Analytics customers were very interested in spending time with each other to understand how their peers were using Benefitfocus analytics and predictive modeling technology to address challenges like the rising cost of health care,” said Phil Bruns, SVP and GM Analytics. “These customers are leading the way in using benefit experience data to drive decisions and create positive outcomes for their employees and members, and we wanted to provide another opportunity for them to make connections and learn from each other. In 2018, we hosted our first One Place Local specifically for Advanced Analytics customers. The event took place in Chicago and was such a success that we decided to make it an annual occurrence.”

Benefitfocus Advanced Analytics customers, including employers, brokers and TPAs, are invited to attend the One Place Local, Advanced Analytics event. Attendees can expect to share best practices, discuss benefits hot topics and engage with Benefitfocus leadership on upcoming platform enhancements. Registration for the event is available here.

About Benefitfocus

Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers' health, wealth, property 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: the need to innovate and provide useful products and services; management of growth; our ability to compete effectively; our ability to maintain our culture and recruit and retain qualified personnel; the immature and volatile nature of the market for our products and services; 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 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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