Benefitfocus to Present “2016 Health Cost Trends and Predictions” During HCAA Webinar

Chris Metcalf reviews industry cost surveys and research to identify employer cost control strategies

CHARLESTON, S.C.--(BUSINESS WIRE)-- Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits management software, to present “2016 Employer Health Cost Trends and Predictions” at a webinar January 21, 2016 at noon EST conducted by the Health Care Administrators Association (HCAA). Chris Metcalf, solution engineer for the company’s BENEFITFOCUS® Core & Advanced Analytics product line, will discuss the latest industry research on health care costs and what it means for future employer health plan designs and cost control strategies.

As health care and employee benefits continue to undergo significant disruption, research from industry consultants, foundations, non-profits and government organizations provides data that can be overwhelming. Metcalf will review a number of industry resources compiled in recent months and explain how third party administrators and employers can draw insights from the data to benchmark plan performance, assess plan design options, and evaluate wellness and other cost control programs.

He’ll share examples of how some companies have applied data to inspire creative plan designs that can help address the cost and coverage concerns created by ever-increasing chronic conditions. In addition, Metcalf will review and delve into popular industry topics including:

• Cadillac Tax: Why many employer health plans could exceed thresholds
• Why health cost inflation rates will remain in the single digits
• How to contain costs despite double-digit prescription cost increases

Visit HCAA.org to register for the webinar.

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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Benefitfocus, Inc.

Joan Damico, 843-284-1052 ext. 3527

pr@benefitfocus.com

Source: Benefitfocus