OMAHA, Neb.--(BUSINESS WIRE)--Benaissance® has been recognized in the top 22% of the Inc. 5000 list of America’s Fastest Growing Companies. A privately-held provider of financial management technology solutions for health insurance benefits, Benaissance received the award consecutively in 2014 and 2015.
Founded in 2003, the company pioneered COBRApoint®—a cloud-based compliance, billing and payment software platform for the COBRA industry with a proprietary payment processing technology. In 2013, the company released ExchangePoint® to address billing headaches for states and insurance carriers in healthcare exchanges. Today, ExchangePoint is the platform of choice for pre-reconciled, consolidated, multi-product billing for private exchanges. ExchangePoint scales to support any sized single- or multi-carrier exchange and frees employers and insurance carriers from a long list of administrative duties. The platform delivers clean, consolidated billing employers demand and supports a wide variety of online and paper-based payment types that makes it easier for employers and consumers to pay premiums.
John B. Jenkins (CEO) said, “We have had another amazing year at Benaissance. Our partner relationships, insight into the financial needs of the industry, and hard work have led to this continued growth. As the health insurance industry has evolved, we’ve evolved—continuing to innovate, sharpen our focus, refine our core competencies in billing, and impact consumer lives. The shift to consumer-driven healthcare has happened, and now millions rely on our systems. We are committed to making their experience better with easy-to-understand, streamlined invoicing and convenient ways to pay premiums online.
This award is a testament to the strong work ethic, dedication, and commitment we all share to deliver our best. Together, we are building a better Benaissance and impacting the industry in profound ways.”
Benaissance is the trusted financial management partner for health benefits administration. We pioneered the industry’s leading ExchangePoint and COBRApoint Software as a Service (“SaaS”) solutions for individual single-point and consolidated group premium billing. Together, these two solutions deliver highly efficient and scalable billing and payment solutions with easy-to-understand billing and convenient payment options—for tens of thousands of US employers and millions American families through private exchanges, state based marketplaces, and over 100 health plan and TPA customers.