Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, announces it earned a coveted Brandon Hall Group Silver Award for excellence in the workforce management category.
Benefitfocus’ Health Insights was honored for “Best Advance in HR Predictive Analytics Technology.” Health Insights is built on a foundation of integrated medical claims, prescription claims and member eligibility data files, which provide unique insights into health care usage for employees, employers, brokers, third-party administrators and carriers.
“We are very proud to receive this recognition from the Brandon Hall Group, because it validates our ongoing commitment to deliver customer-focused technology innovation that improves lives with benefits,” said Steve Swad, President & CEO of Benefitfocus. “As health care costs continue to rise, Health Insights provides comprehensive intelligence for employers, helping them create smarter plan design, improve employee wellness, and reduce costs.”
Benefitfocus and other winners are listed at https://www.brandonhall.com/excellenceawards/past-winners.php.
“Technology is the great enabler of human capital management initiatives. It has never been more important than during this rapid evolution of remote work that challenged everyone to instantly adapt,” said Brandon Hall Group Chief Operating Officer and awards program head Rachel Cooke. “Winners of Excellence in Technology Awards are critical drivers of their organizations’ success, especially in these disruptive times. Their solutions resulted in substantial benefit to their business and the human capital management function. That is the ultimate differentiator: the positive business impact of technology.”
“The Excellence Award in Technology also emphasizes the value of collaboration between HCM leaders, business leaders and technology developers. To win, everyone must work together to meet the needs of all stakeholders, especially the end-users. These Technology Award winners met this challenge and created value for everyone,” said Brandon Hall Group Chief Executive Officer Mike Cooke.
A panel of veteran, independent senior industry experts, and Brandon Hall Group senior analysts and executives evaluated the entries based upon the following criteria:
- Product: What was the product’s breakthrough innovation?
- Unique differentiators: What makes the product unique and how does it differ from any competing products?
- Value proposition: What problem does the product solve and/or what need does this product address?
- Measurable results: What are the benefits customers can expect to experience as a result of using this product?
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