charmingcharlie Selects Benefitfocus HR InTouch
Leading fashion accessories retailer adopts cloud-based benefits technology
CHARLESTON, S.C., Jan. 28, 2014 /PRNewswire/ -- Benefitfocus, Inc. (NASDAQ: BNFT), a leading provider of cloud-based benefits software solutions, today announced that charmingcharlie has selected Benefitfocus HR INTOUCH® to support their benefits administration strategy in light of the new requirements imposed by the Affordable Care Act (ACA). Headquartered in Houston, TX, charmingcharlie is an award-winning retailer of fashion accessories that has opened nearly 300 retail locations across the U.S. HR InTouch is a cloud-based portal that delivers a self-service enrollment experience for charmingcharlie's geographically dispersed workforce while providing a suite of tools for administrators to manage all healthcare and voluntary benefit plans in one place. charmingcharlie introduced HR InTouch to their employees in November 2013 during their open enrollment period.
Employers in the retail industry typically have a high percentage of employees who do not work in front of a computer on a daily basis. HR InTouch is accessible from any web-enabled device, allowing charmingcharlie employees to conveniently log in and access all of their benefits information at any time from a tablet, smartphone or personal computer. By configuring the enrollment workflow to include acknowledgement forms and a declination survey, administrators can confirm that employees have reviewed ACA mandated notifications, such as the Summary of Benefits & Coverage, and capture the necessary information to fulfill reporting requirements.
"Being a young, high growth retail company, coupled with the intricacies of the ACA, offering a benefits administration solution that provides a positive experience for our employees can be challenging," said Eve Cugini, Vice President, Human Resources at charmingcharlie. "HR InTouch offers the design and mobile capabilities that we were looking for as we concentrate on improving the enrollment process and employee communication. Our employees now have a more convenient way to enroll in their benefits and access to resources that we hope will encourage healthier lifestyle choices, enabling us to focus on adapting our management strategy to comply with healthcare reform."
HR InTouch offers employees a variety of decision support tools that guide them throughout the enrollment workflow. The portal's library of more than 300 educational videos provides easy to understand explanations of complex health and wellness topics such as high deductible health plans and health savings accounts. Plan comparison tools allow employees to review various plan options based on coverage and out-of-pocket costs to identify the plan that best meets their individual needs. Additionally, administrators can direct employees to HR InTouch as part of their efforts to encourage participation in other company incentives, such as wellness programs.
"charmingcharlie is recognized for its uniquely designed in-store experience that is leading to a fashion retail revolution," said Shawn Jenkins, President and CEO of Benefitfocus. "The enthusiasm charmingcharlie employees have in helping customers find that one-of-a-kind style is very similar to the passion our engineers have for creating awesome software that is designed to streamline benefit enrollment for employers and consumers. We're staying ahead of industry trends and the needs of employers to simplify the increasing complexity that companies are facing in benefits administration now and in the future."
charmingcharlie, the award-winning fashion accessories retailer, is the one-of-a-kind source of style that's been helping women find their fabulous since 2004. Winner of several awards over the past few years, charmingcharlie has been recognized for leading a retail revolution. Its uniquely designed in-store experience features an unparalleled variety and volume of accessories, ingeniously arranged by color, making that perfect accent fun and easy to find. With nearly 300 stores in the United States stocked full of the all latest trends, charmingcharlie is spreading style from coast to coast with fabulous, affordable fashions and insider style advice that has women coming back again and again. Come find your fabulous. Visit www.charmingcharlie.com or http://www.facebook.com/charmingcharlie.
Benefitfocus, Inc. (NASDAQ: BNFT) is a leading provider of cloud-based benefits software solutions for consumers, employers, insurance carriers and brokers. Benefitfocus has served more than 20 million consumers on its platform that consists of an integrated portfolio of products and services enabling clients to more efficiently shop, enroll, manage and exchange benefits information. With a user-friendly interface and consumer-centric design, the Benefitfocus Platform provides one place for consumers to access all their benefits. Benefitfocus solutions support the administration of all types of benefits including core medical, dental and other voluntary benefits plans as well as wellness programs. For more information, visit www.benefitfocus.com.
Except for historical information, all of the statements, expectations, and assumptions contained in this press release are forward-looking statements. Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: the lack of a long-term public market for Benefitfocus' stock and potential volatility; the need to innovate and provide useful products and services; our ability to compete effectively; reliance on key personnel; privacy, security and other risks associated with our business; and the other risk factors set forth from time to time in our filings with the Securities and Exchange Commission. These documents are available within the Investor Relations section of the Benefitfocus website at http://investor.benefitfocus.com/sec.cfm or at www.sec.gov. Benefitfocus assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
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