Company profile

benefitbay®

Delivering personalized benefits for the modern workforce.

Industry
Insurance
Employees
73
Headquarters
Kansas City, MO
Founded
2021
LinkedIn followers
4,032
Office locations
11

benefitbay® company summary

benefitbay® is a company in the Insurance industry, headquartered in Kansas City, MO, founded in 2021. On LinkedIn the company has around 73 employees and 4,032 followers. The company lists 11 office locations. Its listed specialties include Unique Employee Benefit Solutions, Group Benefits, Healthcare Reform, Employee Enrollment Systems, ICHRA.

What technology does benefitbay® use?

No technologies detected yet. Warmrank rechecks company websites on a rolling basis.

About benefitbay®

Benefitbay is the chosen platform for brokers, employers, and employees that supports secure SOC II Type II end-to-end ICHRA deployment for companies of all sizes. First available in January of 2020, ICHRA (pronounced ICK-RA), stands for Individual Coverage Health Reimbursement Arrangement. With ICHRA, employers can provide an allowance of tax free dollars to their employees who then use those dollars to shop for a health plan that meets their own specific needs. No more one-size-fits-all group package. Employers can provide wonderful health plans for their team, individually tailored to each person’s needs, with a fixed, predictable cost. Experts anticipate a seismic shift in the benefits industry from group to individual as ICHRA plans will become a critical company feature when recruiting top talent. The best candidates will expect the freedom and portability that ICHRA allows. They will expect to be able to change jobs without having to change doctors. And benefitbay is touted as the solution that will finally set this shift in motion by solving the inefficiencies that have slowed ICHRA adoption thus far. Benefitbay is the first-of its-kind, end-to-end solution that enables employers to easily model, deploy and oversee their ICHRA plans, in full compliance with regulation and with full confidence that their employees will have tools and support to select and enroll in the plan that’s right for them.

Specialties

Unique Employee Benefit SolutionsGroup BenefitsHealthcare ReformEmployee Enrollment SystemsICHRABenTechINdividual InsuranceACAHRAInsurTechFintechHRISHealthTech

Where is benefitbay® located?

benefitbay® lists 11 office locations.

Kansas City, MO, USHQ
Charlotte, NC, US
Cleveland, OH, US
Denver, CO, US
Milwaukee, WI, US
Mount Pleasant, SC, US
Oklahoma City, OK, US
Omaha, NE, US
Overland Park, KS, US
Redding, CA, US
St Pete Beach, FL, US

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Frequently asked questions about benefitbay®

What does benefitbay® do?

Benefitbay is the chosen platform for brokers, employers, and employees that supports secure SOC II Type II end-to-end ICHRA deployment for companies of all sizes. First available in January of 2020, ICHRA (pronounced ICK-RA), stands for Individual Coverage Health Reimbursement Arrangement. With ICHRA, employers can provide an allowance of tax free dollars to their employees who then use those dollars to shop for a health plan that meets their own specific needs. No more one-size-fits-all group package. Employers can provide wonderful health plans for their team, individually tailored to each person’s needs, with a fixed, predictable cost. Experts anticipate a seismic shift in the benefits industry from group to individual as ICHRA plans will become a critical company feature when recruiting top talent. The best candidates will expect the freedom and portability that ICHRA allows. They will expect to be able to change jobs without having to change doctors. And benefitbay is touted as the solution that will finally set this shift in motion by solving the inefficiencies that have slowed ICHRA adoption thus far. Benefitbay is the first-of its-kind, end-to-end solution that enables employers to easily model, deploy and oversee their ICHRA plans, in full compliance with regulation and with full confidence that their employees will have tools and support to select and enroll in the plan that’s right for them.

How many employees does benefitbay® have?

benefitbay® has around 73 employees on LinkedIn.

Where is benefitbay® headquartered?

benefitbay® is headquartered in Kansas City, MO.

Where does benefitbay® have offices?

benefitbay® lists 11 office locations, including Kansas City, MO, US; Charlotte, NC, US; Cleveland, OH, US; Denver, CO, US; Milwaukee, WI, US.

When was benefitbay® founded?

benefitbay® was founded in 2021.

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