Benaissance in Top 20% of Inc. 5000 Companies
Omaha, NE – August 27, 2014 – Benaissance announces today it has been recognized in the top 20% of the Inc. 5000 list of America’s Fastest Growing Companies. This prestigious award honors the privately-held provider of financial management technology solutions for America’s health benefits for performance in 2013. Benaissance contributes its growth to the explosion of health insurance exchanges and the heightened focus on consumerism in the US health insurance industry. In 2013, the company launched its ExchangePoint SaaS platform—the premier financial management system for public and private health insurance exchanges. ExchangePoint was critical in the successful launch of two state-based health insurance marketplaces, and is today powering the exchange-based premium billing needs of health plans in 18 states supporting hundreds of thousands of American families.
ExchangePoint delivers one, easy-to-read and understand consolidated bill for health benefits to consumers and provides convenient online and traditional ways for them to pay. The solution transparently manages detailed billing and payment data through a web-based system of portals, and is a central system of record for exchanges, offering a variety of consumer tailored offerings ranging from major medical plans to dental, vision, life, and other products. ExchangePoint is also designed to manage Medicaid and SCHIP programs for state governments with exchanges.
John B. Jenkins (CEO) said, “This past year was amazing for Benaissance. As the health insurance industry has evolved, we’ve found a receptive market ready for our services. With our background in COBRA and retiree premium billing, our business was already experienced in regulatory compliant, transparent, and timely consolidated billing. Powering the financial management needs of health insurance exchanges is a natural transition for our business. We were able to apply our COBRA expertise to create a new cloud-based solution (ExchangePoint) and empower our exchange customers to deliver turnkey and compliant health benefits programs in the new marketplaces.
I have never been more proud of our team here at Benaissance. This award is not only a reflection of our business, but is a testament to the strong work ethic, dedication, and commitment our staff shares to deliver our very best. We are leading the enterprise technology segment of our industry and our goal is to continue learning and growing from our momentum. Together, we are building a better Benaissance and impacting access to healthcare for millions of Americans.”