Through Artificial Intelligence and Cutting-Edge Data Analytics Benefitfocus Helps HR Administrators Identify and Close Gaps in Employee Benefits Coverage

Company experts to present findings from its key index report during SHRM Annual Conference

Charleston, S.C. – June 13, 2019 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading cloud-based benefits management platform and services provider, today announced it will present findings and recommendations from its recent Consumer Benefits Coverage Index™ report at the SHRM Annual Conference & Exposition. The conference is the largest gathering of human resources (HR) professionals, attracting over 18,000 attendees in Las Vegas from June 23-26, 2019.

Based on a sample of one million consumers on the Benefitfocus platform which serves over 25 million individuals, the Consumer Benefits Coverage Index is a measure of how well the typical American's employee benefits portfolio aligns with their expected coverage needs. Co-presenting from Benefitfocus will be Cindi Van Meir, Director of Brand Marketing and Misty Guinn, Director of Benefits & Wellness.

The session takes place on the opening day of the conference, Sunday, June 23, 2019, from 4:20-4:50 PM in the HR Technology Solutions Theater in the Las Vegas Convention Center. Guinn and Van Meir will discuss how companies can help their employees reach and maintain optimal benefits coverage. With practical takeaways, benefits administrators and HR leaders can evolve how they design a benefits portfolio that aligns with the needs of serving a multi-generational workforce, as well as improve communication, engagement and the enrollment experience.

“Benefitfocus is at the forefront of delivering benefits intelligence, using the depth of our data from the largest benefits platform to help identify trends, gaps and opportunities across the employee benefits landscape,” comments Guinn. “I’m excited to share insights from our index report, paired with our own proprietary analytics, to help HR leaders enhance their benefits strategies, increase employee engagement and drive better utilization.”

Additional information about the session is available on the SHRM conference website here. HR and benefits leaders who may be unable to attend SHRM can also view the Benefitfocus on-demand webinar highlighting key insights from the Consumer Benefits Coverage Index 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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