Benefitfocus, Inc. (BNFT)

7.94 +0.16 (+2.06%) At close: 04:00PM EDT

Benefitfocus, Inc.

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

Sector(s): Technology
Industry: Software—Application
Full Time Employees: 1,100

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Matthew C. Levin	Pres, CEO & Director	858.56k	N/A	1973
Ms. Alpana Wegner	CFO & Treasurer	517.74k	N/A	1973
Mr. Michael Bauer	Investor Relations	N/A	N/A	N/A
Ms. Lou Anne Gilmore	VP of Corp. Devel.	N/A	N/A	1957
Mr. Peter Anthony Allen	Sr. VP of Sales & Marketing	N/A	N/A	1961
Ms. Ana Perez	Chief Marketing Officer	N/A	N/A	N/A
Ms. Robin Kirby	Chief HR Officer	N/A	N/A	N/A
Mr. Steve Malme	Sr. VP of Platform Strategy & Experience	N/A	N/A	N/A
Mr. Scott Gibson	Sr. VP of HR	N/A	N/A	N/A
Mr. Ravi Metta	Exec. VP of Product & Engineering	N/A	N/A	N/A

Amounts are as of December 31, 2021 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 technology solutions for employers and health plans in the United States. Its products for employers comprise Benefitplace, a cloud-based benefits management portal that streamlines online enrollment, employee communication, and benefit administration; Health Insights, a data analytics solution; ACA Management and Reporting, a solution for employers to manage ACA compliance; 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's products for health plans include Enrollment that provides platform for carriers to automate enrollment across all segments of their commercial group business; Billing & Payments, an electronic invoice presentment and payment solution; Exchange, a solution that bridges the integration gap between health plan and employer systems; and Quoting that gives health plans and brokers tools to organize and proactively manage accounts, track leads, generate quotes, and create proposals for multiple products. Its products for brokers consist of Health Insights that support strategic decisions for their clients with on-demand health plan analytics; Benefit Catalog, which allows brokers to offer products to their clients; and benefit catalog consultative support for brokers through benefit advisors. The company also provides implementation services to its customers in order to help ensure seamless deployment and effective utilization of its solutions; and employers with expanded support services. The company was incorporated in 2000 and is headquartered in Charleston, South Carolina.

Corporate Governance

Benefitfocus, Inc.’s ISS Governance QualityScore as of June 1, 2022 is 6. The pillar scores are Audit: 2; Board: 4; Shareholder Rights: 7; Compensation: 7.

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.