Case Study: a professional services company delivers a unified benefits experience and saves $777K with Benefitfocus

Professional Services Company saves $777K with Benefitfocus during M&A

A professional services company with over 20,000 employees faced significant complexity in benefits administration due to frequent mergers and acquisitions. They needed to harmonize plans, integrate disparate systems, control rising healthcare costs, and reduce administrative burden. They partnered with Benefitfocus for its benefits administration and enrollment platform, Benefitplace™, to find a solution.

Benefitfocus implemented a dedicated project team and a comprehensive toolset for the 2023 plan year. The solution delivered a consistent employee experience through M&A, significantly reduced the administrative workload for the HR team, and provided ongoing strategic support. A key measurable impact was an estimated $777,000 in savings for 2024 achieved through a dependent verification audit.