State of Wisconsin Department of Employee Trust Funds Selects Benefitfocus for Employee Insurance Administration Modernization
Benefitfocus, Inc., a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, announces the award of a contract supporting the State of Wisconsin’s efforts to modernize its insurance administration system for the Department of Employee Trust Funds. The contract was awarded to Benefitfocus after a competitive RFP process to meet the state’s need for “a new, fully-integrated, best-practices-based insurance administration system requiring minimal customizations.”
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Benefitfocus will support the administration of core, ancillary and voluntary benefits. It will also manage COBRA administration, direct billing, consolidated billing services and analytics for more than 239,000 members of the Department of Employee Trust Funds.
“We are thrilled to be selected by the State of Wisconsin to help them provide their members with an improved, modernized benefits enrollment experience,” said Matt Levin, president & CEO, Benefitfocus. “I am honored that the State of Wisconsin chose Benefitfocus to be their trusted technology and business partner. ”
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The Wisconsin Department of Employee Trust Funds administers the Wisconsin Retirement System (WRS), the group health insurance program for State of Wisconsin (State) employees and many local governments, and a variety of other public employee benefit programs. The WRS is the eighth largest public pension fund in the nation and the Department’s largest program, providing retirement benefits for more than 648,000 current and former state and local government employees on behalf of approximately 1,500 employers. WRS participants include public school teachers, current and former employees of state agencies, and employees of most local governments.
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