Benefitter

insurtechemployer insurance

STATUS: Acquired/Merged
FOUNDING YEAR: 2012
LOCATION: South Africa
Last Update: 01/05/2020

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About

Benefitter allows employers and employees to confidently navigate Health Care Reform while saving money. Our software-as-a-service solution presents employers with health care coverage strategies, helping them evaluate, refine, and ultimately execute the coverage plan that delivers the greatest benefit to the company and its employees. Benefitter educates and guides employees throughout the insurance selection process, relieving them from the stress and confusion associated with buying an affordable plan that covers the doctors they want and the care they need.

MEDICI Analysis

Benefitter was acquired by HealthMarkets on August, 2015. Benefitter is a SaaS-based platform providing employers with solutions for employee health coverage. Benefitter educates and guides employees throughout the insurance selection process, relieving them from the stress and confusion associated with buying an affordable plan that covers the doctors they want and the care they need.

Focus

PRODUCTS & SERVICES

Employee benefits plan & management tools for SMBs.

REVENUE MODEL

The company earns revenue through broker management fee & commissions.

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