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Benefitfocus is a leading cloud-based benefits management platform that simplifies the complexity of health and voluntary benefits for employers, health plans, and brokers. The company provides a suite of software-as-a-service (SaaS) solutions that streamline enrollment, communication, and administration of various benefit programs. By integrating data and providing analytical tools, Benefitfocus helps organizations optimize their benefit spend and improve the employee experience. In early 2023, the company was acquired by Voya Financial to enhance its workplace benefits and savings offerings.
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