CHARLESTON, S.C., June 13, 2016 – Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits management software, kicked off Open Enrollment Success Week today—a multi-day event dedicated to preparing associates and the clients they support for open enrollment 2017. During the week, more than 800 associates from the Benefitfocus customer success organization will convene at the Company's Daniel Island campus for over 30 seminars and workshops aimed at educating and inspiring them as they support millions of U.S. employees during the annual open enrollment process later this year.
"We're committed to delivering a successful and efficient open enrollment experience for the hundreds of employer and insurance carrier customers that we serve," said Benefitfocus Senior Vice President of Customer Success Annmarie Fini. "We know it takes more than technology for our clients to be successful which is why we invest in our associates throughout the year and during focused events like Open Enrollment Success Week."
Studies show that as many as four out of five employees select the wrong benefits plan for their healthcare needs. By providing employees access to better information, Benefitfocus is committed to helping individuals select the right benefits plan, and helping employers support their workforces' benefits decision-making. Open Enrollment Success Week trains associates in the Benefitfocus customer success organization on the latest platform enhancements so they can help clients take advantage of the latest features and capabilities available to them on the Benefitfocus Platform.
"Each quarter we release hundreds of new enhancements on the Benefitfocus Platform to continuously improve the benefits management experience. Our Summer 2016 software release includes hundreds of enhancements specifically designed for Open Enrollment success," said Benefitfocus President Ray August. "This training helps our associates provide high levels of service to help our customers gain the most value possible out of old and new features, such as enhanced mobile capabilities and employee communication and engagement tools."
About Benefitfocus : Benefitfocus (NASDAQ: BNFT) provides a leading cloud-based benefits management platform that simplifies how organizations and individuals shop for, enroll in, manage and exchange benefits. Every day leading employers, insurance companies and millions of consumers rely on our platform to manage, scale and exchange benefits data seamlessly. In an increasingly complex benefits landscape, we bring order to chaos so our clients and their employees have access to better information, make better decisions and lead better lives. Learn more at www.benefitfocus.com, LinkedIn and Twitter.
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the need to innovate and provide useful products and services; changes in government regulations; the immature and volatile nature of the market for our products and services and other factors that could impact our anticipated growth; management of growth; fluctuations in our financial results; general economic risks; reliance on key personnel; our ability to compete effectively; our ability to maintain our culture and recruit and retain qualified personnel; privacy, security and other risks associated with our business; and the other risk factors set forth from time to time in our SEC filings, copies of which are available free of charge within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec.cfm or upon request from our investor relations department. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
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