CHARLESTON, S.C., Jan. 4, 2021 /PRNewswire/ — Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading advantages expertise platform that simplifies advantages administration for employers, well being plans and brokers, pronounces it earned a coveted Brandon Corridor Group Silver Award for excellence within the workforce administration class.

Benefitfocus’ Well being Insights was honored for “Finest Advance in HR Predictive Analytics Expertise.” Well being Insights is constructed on a basis of built-in medical claims, prescription claims and member eligibility knowledge recordsdata, which offer distinctive insights into well being care utilization for workers, employers, brokers, third-party directors and carriers.

“We’re very proud to obtain this recognition from the Brandon Corridor Group, as a result of it validates our ongoing dedication to ship customer-focused expertise innovation that improves lives with advantages,” stated Steve Swad, President & CEO of Benefitfocus. “As well being care prices proceed to rise, Well being Insights gives complete intelligence for employers, serving to them create smarter plan design, enhance worker wellness, and scale back prices.”  

Benefitfocus and different winners are listed at https://www.brandonhall.com/excellenceawards/past-winners.php.

“Expertise is the good enabler of human capital administration initiatives. It has by no means been extra vital than throughout this speedy evolution of distant work that challenged everybody to immediately adapt,” stated Brandon Corridor Group Chief Working Officer and awards program head Rachel Cooke. “Winners of Excellence in Expertise Awards are crucial drivers of their organizations’ success, particularly in these disruptive instances. Their options resulted in substantial profit to their enterprise and the human capital administration operate. That’s the final differentiator: the optimistic enterprise impression of expertise.”

“The Excellence Award in Expertise additionally emphasizes the worth of collaboration between HCM leaders, enterprise leaders and expertise builders. To win, everybody should work collectively to fulfill the wants of all stakeholders, particularly the end-users. These Expertise Award winners met this problem and created worth for everybody,” stated Brandon Corridor Group Chief Govt Officer Mike Cooke.

A panel of veteran, impartial senior {industry} consultants, and Brandon Corridor Group senior analysts and executives evaluated the entries primarily based upon the next standards:

• Product: What was the product’s breakthrough innovation?
• Distinctive differentiators: What makes the product distinctive and the way does it differ from any competing merchandise?
• Worth proposition: What drawback does the product clear up and/or what want does this product handle?
• Measurable outcomes: What are the advantages prospects can anticipate to expertise on account of utilizing this product?

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About Benefitfocus 
Benefitfocus (NASDAQ: BNFT) unifies your entire advantages {industry} via progressive expertise options that carry effectivity, price financial savings and ease to worker advantages administration. Our highly effective cloud-based software program, data-driven insights and thoughtfully designed providers assist employers, insurance coverage brokers, well being plans and suppliers handle the complexity of advantages enrollment and engagement, whereas bringing simpler entry to well being, wealth and life-style merchandise via a world-class advantages expertise. Our mission is straightforward: to enhance lives with advantages. Be taught extra at www.benefitfocus.com, LinkedIn and Twitter.  

About Brandon Corridor Group, Inc.
Brandon Corridor Group is the one skilled growth firm that provides knowledge, analysis, insights and certification to Studying and Expertise executives and organizations. The most effective minds in human capital administration (HCM) select Brandon Corridor Group to assist them create future proof worker growth plans for the brand new period. For the final 27 years we’ve empowered, acknowledged and licensed excellence in organizations all over the world influencing the event of over 10,000,000 staff and executives. Our HCM Excellence Awards was the primary to acknowledge organizations for studying and expertise and is the gold normal, generally known as the ‘Academy Awards of Human Capital Administration’. Our cloud-based platform delivers evidence-based insights within the areas of Studying and Improvement, Expertise Administration, Management Improvement, Range and Inclusion, Expertise Acquisition and HR/Workforce Administration for company organizations and HCM resolution suppliers. To study extra go to (http://www.brandonhall.com)

DISCLAIMER REGARDING FORWARD LOOKING STATEMENTS 
Apart from historic info, the entire statements, expectations, and assumptions contained on this press launch are forward-looking statements. Precise outcomes would possibly differ materially from these express or implicit within the forward-looking statements. Vital components that might trigger precise outcomes to vary materially embrace: volatility and uncertainty within the international economic system and monetary markets in mild of the evolving COVID-19 pandemic and uncertainties arising from the latest U.S. elections; our persevering with losses and wish to realize GAAP profitability; fluctuations in our monetary outcomes; our means to keep up our tradition, retain and encourage certified personnel; the immature and risky marketplace for our services; dangers associated to altering healthcare and different relevant rules; dangers related to acquisitions; cyber-security dangers; the necessity to innovate and supply helpful services; our means to compete successfully; privateness, safety and different dangers related to our enterprise; and the opposite danger components set forth every now and then in our SEC filings, copies of which can be found freed from cost inside the Investor Relations part of the Benefitfocus web site at http://investor.benefitfocus.com/sec-filings or upon request from our Investor Relations Division. Benefitfocus assumes no obligation and doesn’t intend to replace these forward-looking statements, besides as required by regulation.

SOURCE Benefitfocus, Inc.

Associated Hyperlinks

http://www.benefitfocus.com