BNFT - Benefitfocus, Inc.

NasdaqGM - NasdaqGM Real Time Price. Currency in USD

Benefitfocus, Inc.

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

SectorTechnology
IndustrySoftware - Application
Full Time Employees1,450

Key Executives

NameTitlePayExercisedYear Born
Mr. Mason R. Holland Jr.Co-Founder & Exec. Chairman498.81kN/A1965
Mr. Raymond Alexander AugustCEO, Pres & Director800.19kN/A1962
Mr. Stephen M. SwadChief Financial Officer16.38kN/A1962
Mr. James P. RestivoChief Technology Officer479.26kN/A1961
Mr. Jonathon E. Dussault C.P.A.Exec. Officer515.83kN/A1973
Amounts are as of December 31, 2018 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 operates through Employer and Carrier segments. Its products for insurance carriers include BenefitsPlace, a transaction-oriented, marketplace solution; eEnrollment that provides online enrollment for benefits; eBilling, an electronic invoice presentment and payment solution; eExchange, a solution that bridges the integration gap between carrier and employer systems; eSales for carriers and brokers tools to organize and manage accounts, track leads, generate quotes, and create proposals for various products; and Core & Advanced Analytics, a data analytics solution. The company's products for employers include Benefitfocus Marketplace that streamlines online enrollment, employee communication, and benefit administration; ACA Management and Reporting, a solution for employers to manage ACA compliance; Consolidated Billing & Payment, an application that synchronizes enrollment and billing information to streamline the monthly billing process, automate adjustments, and enhance accuracy of payments; Consumer-Directed Healthcare Accounts, a solution for health savings accounts management; and COBRA Administration, a solution for employers that simplifies management of Consolidated Omnibus Budget Reconciliation Act, benefits. In addition, it provides professional and customer support services, which include implementation 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 July 29, 2019 is 5. The pillar scores are Audit: 2; Board: 7; 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.