We have most certainly walked in our customers' shoes! Prior to founding Benaissance, we built and ran the nations' largest pure-play COBRA administrator. We served 4,000 employers, managed over $88MM in annual premiums, and generated hundreds of thousands of letters a year. We were a highly efficient, SAS 70 Type II reviewed company which invested heavily in automation and driving efficiency. We thought we were efficient at 42% net bottom line profitability, but we were wrong. In Benaissance, we have distilled our decade of COBRA and direct/retiree bill administration experience into a suite of services that directly impact our customers’ bottom line, and through economies of scale we can do the heavy lifting for our customers at a price point we could never have achieved as a single administrator. The proof – when we re-run our numbers for our final year as a COBRA administrator, if we had been a Benaissance customer, our cost per Qualifying Event to run the company would have been reduced by 45%. The integration of the SaaS delivered COBRApoint and centralized payment processing and mail fulfillment provide the most efficient business model this industry has ever known.
Our customers are leading insurance carriers, administrators, and brokers who have adopted our state-of-the-art Software-as-a-Service (SaaS) technology platform and world-class business process outsourcing services to reinvent benefits administration, unlock profits, slash their 'per event transaction' processing costs, enhance compliance and introduce a greater degree of agility into their operations.
The first easy-to-use web-based COBRA, HIPAA, State Continuation and Retiree Billing platform with the flexibility to maximize efficiency and profitability.
Begin NowThe first accountable mail processing and fulfillment service engineered specifically for the requirements of COBRA and Direct Billing Administration. We process more than 11,000 items per hour.
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