Benefitfocus headquartered in Charleston, South Carolina offers their eponymous platform for benefits administration, featuring the Benefitfocus Marketplace.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Administrator in Human Resources (201-500 employees employees)
Use Cases and Deployment Scope
Manage all benefits and integrate with our payroll company to do file feeds. Billing for our Disability insurance. Relieves a lot of work on me and our benefits staff.
Pros
Enrollment Reports
Customer Service
File Feed Setup
Cons
More reports regarding payment of Life and AD&D
Return on Investment
Saved money and time from HR having to do duplicate entry
Customer Service Rep has handled all issues regarding billing and enrollment, which has saved A TON of time and aggrevation
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Verified User
Administrator in Human Resources (501-1000 employees employees)
Pros
Great front face - updated graphics and advanced technology.
Video Library and an option to create your own videos.
Option to do a comparison chart of benefit plans.
Easy on the employee's eye.
Cons
Great at selling their product but not keeping their promises.
Too many glitches and they always advise it will be updated/corrected on their next "quarterly update".
They can't administer QTB plans (parking and transit) which is an essential benefit plan offered to companies. They didn't officially come out with this news until after we had implemented and launched the program. During implementation, they made it appear like it would work.
Return on Investment
It was a negative impact because we launched the program during open enrollment only to revert back to the old platform, BeneTrac, 3 months later.
Bad impression on the benefits team to implement a program that didn't deliver.