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Benefitfocus Kicks Off National Employee Benefits Day at NASDAQ Stock Market Ringing the Opening Bell on Tuesday April 2, 2019

Company's Platform Ecosystem of Employers, Brokers, Insurance Carriers and Speciality Product Suppliers Join to Show Commitment in Leading Benefits Industry Transformation


CHARLESTON, S.C., April 1, 2019 /PRNewswire/ -- Benefitfocus, Inc. (BNFT), a leading cloud-based benefits management platform and services provider, today announced that it will visit the NASDAQ MarketSite in Times Square to ring the NASDAQ stock market opening bell on Tuesday, April 2, 2019. Benefitfocus executives will be joined by representatives of its platform ecosystem, including employers, medical carriers, life and ancillary insurance carriers, brokers and specialty product suppliers, to celebrate National Employee Benefits Day.

Benefitfocus logo (PRNewsFoto/Benefitfocus, Inc.) (PRNewsfoto/Benefitfocus, Inc.)

This year marks the 15th anniversary of National Employee Benefits Day, celebrated every year on April 2nd and established by the International Foundation of Employee Benefit Plans, which represents 35,000 members who influence 25 million lives across the United States and Canada. This special day raises recognition for benefits professionals and provides a vehicle for better educating employers and employees about employee benefits topics. National Employee Benefits Day recognizes trustees, administrators, benefits practitioners and professional advisors for their dedication to providing quality benefits and the important role they play in their colleagues' well-being.  

"It's an honor to have the opportunity to participate in the opening bell ringing on National Employee Benefits Day. It's such a fitting day for our industry," commented Ray August, President & CEO of Benefitfocus. "As the industry's leading benefits platform, we connect over 23 million Americans with their core and voluntary benefits. While we celebrate the importance of this day, our obligation to every consumer on our platform is to ensure that every day they can access, use and understand their benefits in the moments that matter."

A live stream of the Nasdaq Opening Bell will be available starting at 9:15 am at:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx

About Benefitfocus

Benefitfocus (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: our ability to maintain our culture and recruit and retain qualified personnel; management of growth; the need to innovate and provide useful products and services; our ability to compete effectively; 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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