Businessolver

Businessolver is an American technology company that provides benefits administration software and services to employers, helping organizations manage health and welfare benefits enrollment, eligibility, billing, and compliance for their employees. The company is headquartered in West Des Moines, Iowa, and was founded in the late 1990s by a group with roots in the employee-benefits and insurance brokerage world. Its core product, the Benefitsolver platform, is a cloud-based system that employers use to run annual open enrollment and year-round benefits administration, connecting employees, HR teams, carriers, and payroll systems. Businessolver is best known for MyChoice, a decision-support and recommendation engine that guides employees toward benefits plans suited to their personal circumstances, and for SolverSense, an analytics layer that gives HR and benefits teams insight into plan performance and employee behavior. The company also offers services around compliance, COBRA administration, spending accounts, and dependent eligibility verification, positioning itself as an end-to-end benefits administration partner rather than a pure software vendor. Businessolver sells primarily to mid-market and large employers and to public-sector organizations in the United States, and it has built a reputation for a service-oriented model in which dedicated client teams support each employer account. The company is privately held and independent, and it markets itself on a combination of proprietary technology, human service, and a workplace culture that has earned it recognition in regional and national employer awards. In the years since its founding, Businessolver has grown from a regional benefits-administration provider into a nationally recognized player in the HR technology market, competing with larger benefits-administration and human-capital-management vendors. Its brand identity centers on the idea of empathy in benefits — helping employees make confident choices — alongside the practical demands of compliance and cost control for employers.

Businessolver was founded in the late 1990s in Iowa by a team with experience in employee benefits and insurance, with the goal of applying web technology to the traditionally paper-heavy process of employee benefits enrollment and administration. The company built its business around the Benefitsolver platform, a cloud-based system that employers use to run open enrollment and manage benefits year-round, connecting employees, HR administrators, insurance carriers, and payroll. A defining step in the company's brand development was the introduction of MyChoice, a decision-support tool that uses employee-provided information to recommend benefits plans and configurations. MyChoice helped Businessolver differentiate itself from back-office benefits administrators by emphasizing the employee experience and the quality of benefits decisions, not just transaction processing. The company later added SolverSense analytics to give employers visibility into enrollment behavior and plan performance. Businessolver expanded its service footprint beyond core enrollment to include COBRA administration, spending accounts, dependent eligibility verification, and compliance support, positioning itself as a full-service benefits administration partner. It grew its client base among mid-market and large employers and public-sector organizations across the United States, and it became known for a client-service model built around dedicated account teams. The company has remained privately held and independent, and it has invested in its workplace culture and employer brand, earning recognition in regional and national best-places-to-work programs. It has also been an active voice in industry conversations about empathy and consumerism in benefits, using research and marketing content to promote the idea that employees need clearer, more personalized guidance when choosing benefits. Over more than two decades, Businessolver has grown from a regional Iowa technology firm into a nationally recognized benefits-administration brand competing in the HR technology market.

• 1998

  Businessolver founded in Iowa to bring web-based technology to employee benefits administration.

• Launch of the Benefitsolver cloud platform for open enrollment and year-round benefits administration.

• Introduction of MyChoice, a personalized benefits decision-support and recommendation engine.

• Addition of SolverSense analytics for employer insight into enrollment and plan performance.

• Expansion of services to COBRA administration, spending accounts, dependent eligibility verification, and compliance.

End-to-end, service-led benefits administration technology for U.S. mid-market and large employers, differentiated by decision-support tools and a high-touch client service model.

• Benefitsolver

  Cloud-based benefits administration platform for open enrollment and year-round management of health and welfare benefits.

• MyChoice

  Decision-support and recommendation engine that guides employees toward suitable benefits plans.

• SolverSense

  Analytics layer giving HR and benefits teams insight into enrollment behavior and plan performance.

1. 1Businessolver official websitebusinessolver.com
2. 2Businessolver Adds Christina Mainelli to its Board of Directorsprnewswire.com
3. 3Businessolver Launches Fully Integrated Consumer Accounts Benefits Platform For Better Benefits Engagementprnewswire.com
4. 4Businessolver Partners With Select Carriers To Provide A Superior Benefits Experience For Clients And Their Employeesprnewswire.com
5. 5Rightway Partners with Businessolver to Provide Employees with Clinical Guidance and Benefits Navigationprnewswire.com