What Is COBRAPoint?
I received a letter about COBRA from Bennaisance to login to COBRAPoint, who is this?
Benaissance is the industry’s leading Software as a Service (SaaS) solution for individual single-point and consolidated group premium billing, and is a trusted financial management partner for health benefits administration. These two solutions work together to provide highly efficient, scalable billing and payment solutions with simple billing and convenient payment options for tens of thousands of US employers and millions of American families via private health insurance exchanges, state-based marketplaces, and over 100 health plan and TPA customers.
Benaissance and COBRAPoint Was Acquired By Wex Inc.
Members COBRA plans that are managed by Benaissance, are now administrated by Wex Inc. using COBRAPoint.
WEX Inc., announced in 2015, that it has entered into a definitive agreement to acquire Benaissance, a leading provider of integrated software-as-a-service (SaaS) technologies and services for healthcare premium billing, payment, and workflow management, for $80 million in cash.
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We are private insurance company that publishes information on the COBRA law. Additionally, we provide alternative temporary insurance options if continuation is unavailable or too expensive.