BeneStream

BeneStream is a software-as-a-service company providing a low-cost solution to employers facing tough choices under the Affordable Care Act (ACA). New mandates will require large employers to offer costly employer sponsored insurance (ESI) to their entire full-time workforce – or face fines. BeneStream provides a better choice for employers with a low-income workforce: Outsourced enrollment in Medicaid. This solution: • Saves employers money while complying with ACA • Saves employees money and provides them free, comprehensive, family coverage. In 2014, tens of thousands of employers must offer health insurance to tens of millions of employees for the first time. As a result, employers with more than 50 employees are considering financially tough choices: • Offer ACA-compliant insurance to their low-income workforce • Offer no insurance – and risk fines • Cut employee hours to part-time Employers subject to ACA mandates are asking their benefits advisors for a better choice. BeneStream’s technology provides it. We help their eligible low-income employees enroll in the federal Medicaid program. This is a win-win solution because: • It saves employers the cost of insurance for their low-income workforce while complying with the ACA • It eliminates the risks of fines for the employer and the employee • It provides free, comprehensive coverage for the employee and their family , without deductibles or cost-sharing.
Type
Private
HQ
New York, US
Founded
2011
Employees
32 (est)-3%
BeneStream was founded in 2011 and is headquartered in New York, US

Key People at BeneStream

Andrew Greenblatt

Andrew Greenblatt

Senior VP of Strategy
Benjamin Geyerhahn

Benjamin Geyerhahn

Chief Executive Officer and Founder
Jed Taxel

Jed Taxel

Chief Marketing Officer and SVP, Strategic Partnerships
Diane Keefe

Diane Keefe

Director of Business Development
Rebecca Karasik

Rebecca Karasik

Director of Product
Anthony Lombardi

Anthony Lombardi

Senior Vice President Sales Consulting

BeneStream Locations

New York, US

BeneStream Metrics

BeneStream Summary

Founding Date

2011

Total Funding

$8.09 M

Latest funding size

$2 M

Time since last funding

about 1 year

Investors

BeneStream's latest funding round of $2 M was in September 2015. In total, BeneStream has raised $8.09 M.
9% of current employees of BeneStream are female and 91% are male.

BeneStream Online Presence

BeneStream Company Life

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