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Nexben

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ICHRA Plans

Product Description

Nexben's end-to-end utility provides a better, faster, & more straightforward experience.

Carriers get to compete directly for individual enrollees. They get access to data, empowering more effective product design, underwriting, and pricing. Reduced payment delays result in less administrative overhead.

Brokers get to...
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About this product

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Nexben's end-to-end utility provides a better, faster, & more straightforward experience.

Carriers get to compete directly for individual enrollees. They get access to data, empowering more effective product design, underwriting, and pricing. Reduced payment delays result in less administrative overhead.

Brokers get to keep Broker of Record. They can leverage one platform for multiple carriers and products and use advanced tools for quoting, enrollment, and ongoing management.

Employers get predictable spend, less administrative burden, & higher employee satisfaction. They have a single source for billing and reporting while giving their employees what they want.

Employees get what they want. They get access to the best the market has to offer based on their individual needs and budget.

Third Party Administrators get to offer customized business solutions on a single platform with pre- and post-tax one-stop shopping. They can offer curated marketplaces that meet client needs, with minimum investment and a light lift to implement.

Benefits Consultants get improved experience and engagement for clients and their employees.
Turnkey enrollment and expanded marketplaces provide the widest benefits offerings with diverse revenue streams and protected AOR status.

Nexben’s open architecture augments rather than disrupts. It fits into existing ecosystems and streamlines processes.

Min. Group Size

-

Lives Serviced

11,420

Average Cost

Average Cost is Locked

18 RFI Questions RFI questions

RFI questions number is Locked

8 Specific Questions Specific Questions tooltip

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Product Features

✓

ICHRA Platform

✓

Integrated ICHRA  

✓

Customized ICHRA plan 

✓

Data collection and document management 

✓

Automated reimbursement process 

✓

Automated employee experience 

Show All Features

Product Features

×
✓

ICHRA Platform

✓

Integrated ICHRA  

✓

Customized ICHRA plan 

✓

Data collection and document management 

✓

Automated reimbursement process 

✓

Automated employee experience 

✓

Communications materials  

Not Provided.

Nexben Info

Founded:

2015

Funding Summary:

10M Series B

Location:

150 S. 5th Street, Suite 1750, Minneapolis, MN 55402, US

Links:

Employees:

38
Nexben was founded on deep expertise in the traditional distribution of insurance and financial services and a commitment to building a more efficient, transparent process for everyone involved. Since 2015, we’ve been developing tools that help organizations confidently navigate the... Show More

About this vendor

×
Nexben was founded on deep expertise in the traditional distribution of insurance and financial services and a commitment to building a more efficient, transparent process for everyone involved. Since 2015, we’ve been developing tools that help organizations confidently navigate the complex benefits landscape.

Today, Nexben is leading a transformation in the benefits industry with the first end-to-end technology platform that connects carriers, brokers, employers, and employees. Our unified platform streamlines administration, payments, and reconciliation while enabling personalized benefits marketplaces — delivering a first-of-its-kind experience across the entire ecosystem.

Nexben Clients

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