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Benefitfocus, Inc. (BNFT)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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11.16+0.56 (+5.28%)
As of 11:47AM EDT. Market open.

Benefitfocus, Inc.

100 Benefitfocus Way
Charleston, SC 29492
United States
843-849-7476
http://www.benefitfocus.com

Sector(s)Technology
IndustrySoftware—Application
Full Time Employees1,560

Key Executives

NameTitlePayExercisedYear Born
Mr. Mason R. Holland Jr.Co-Founder & Exec. Chairman381.62kN/A1965
Mr. Stephen M. SwadPres, CEO & Director447.42kN/A1962
Ms. Lou Anne GilmoreVP of Corp. Devel.257.75kN/A1957
Mr. Raymond Alexander AugustExec. Officer621.35kN/A1962
Mr. James P. RestivoAdvisor431.49kN/A1961
Ms. Alpana WegnerChief Financial OfficerN/AN/AN/A
Mr. Michael BauerInvestor RelationsN/AN/AN/A
Mr. Peter Anthony AllenSr. VP of Sales & MarketingN/AN/A1961
Ms. Robin KirbyChief HR OfficerN/AN/AN/A
Ms. Annmarie FiniExec. VP of Customer SuccessN/AN/A1971
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Benefitfocus, Inc. provides cloud-based benefits management platform for consumers, employers, insurance carriers, suppliers, and brokers in the United States. The company's products for insurance carriers include MarketPlace Enroll for carriers to automate enrollment to various commercial group business; MarketPlace Bill, an electronic invoice presentment and payment solution; MarketPlace Exchange, a solution that bridges the integration gap between carrier and employer systems; and MarketPlace Quote for carriers and brokers tools to organize and manage accounts, track leads, generate quotes, and create proposals for various products. Its products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; MarketPlace Billing & Payments, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; and COBRA Administration, a solution that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. The company also provides BenefitSAIGE Analytics that aggregates benefit cost and claims data from relevant sources, identifies cost drivers, recognizes trends, and predicts future risks and costs; and BenefitsPlace, a transaction-oriented, marketplace solution which connects employers, brokers, insurance carriers, suppliers, and consumers on a single platform. In addition, it provides professional services, such as discovery, configuration and deployment, integration, testing, training, and technical support; and fulfillment, dependent verification, and HR administration services. The company was founded in 2000 and is headquartered in Charleston, South Carolina.

Corporate Governance

Benefitfocus, Inc.’s ISS Governance QualityScore as of October 6, 2020 is 7. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.