COVID-19 Response: We're currently offering free one-time enrollment/billing audits to all companies in need of one. Whether a general audit is overdue, employees are soon going on COBRA, or doctors visits are anticipated - we want to be a part of the solution.
At Beneration, we have over 10 years of experience auditing and streamlining group insurance invoices—we’ve been studying the employee benefits industry for even longer.
In 2016 we used this knowledge to develop an entirely new software solution from the ground up—VerifiaBill. VerifiaBill was built with our customers in mind, addressing all of the unique needs that come with managing employee benefits and insurance coverage.
VerifiaBill is designed to be smart, and our audit team is even smarter. Together, we accurately identify every billing error on every invoice – whether you have 100 employees or 10,000. Our main goal is to ensure that your employees have the coverage that they need and that your company is paying exactly what you owe.
The best part - VerifiaBill is only $0.99 per employee per month.
Print & Save Listing
Primary Contact Name
Target Employer Size
Mid-market (100 to 999), Large (1000-4999)
Company Funding Level
Firms That Have Invested
Archetype Solutions Group
Planning On Seeking Funding?
What Size is the Company?
AdminaHealth, ebm, EverythingBenefits
Company Competitive Advantage
We've reinvented traditional "consolidated billing" - it's finally a product that you'll recommend to all of your clients, not just the largest ones.
Most of our competitors either focus entirely too much on paying invoices, charging far more than us and providing less. Others take a self-service, software-based approach to it, but it still misses the mark. We've simplified process, lowered the price, and truly provide a service - you or your clients don't have to do anything.
Having us pay carrier invoices is entirely optional - our standard VerifiaBill service includes OUR team collecting invoices, posting them to each clients VerifiaBill portal, and generating cost allocation reports for accounting departments, and discrepancy reports for HR and brokers.
Standard $0.99 PEPM subscription - optional add-ons are priced per carrier
Equivalent to 1 months' worth of regular fees
Are There Ongoing Fees?
Optional Carrier Bill Pay: $70 per carrier per month; Optional Self-Bill Compilation: $100 per self-bill per month
Average Annual Contract Value
Broker Compensation Available
We primarily distribute via insurance broker partners
Security / HIPAA Information
SOC2 / HITRUST Pending
Number of Employees
Employee Growth Over Last Year
Employee Growth Projections Next Year
Ease of Implementation
2-3 weeks; we only need a basic questionnaire filled out along with a signed contract, BAA, and carrier authorization letters
Customer Service Description & SLAs
Our customer service team is available by phone or email during normal business hours.
Projected Growth (1 yr, 3-5 yrs)
1 year: 85%; 3-5 years: 400%
Number of Current Clients
160 end-user clients
Non-profits, and multi-divisional organizations: Municipalities, School Districts, Senior Homes, Auto Dealership Groups, Hospitality Management Firms, Regional Banks, Franchises, Staffing/Recruiting Firms, etc
Years in Service
Client Lost in Last Year (and why)
6 - all due to new broker transitions
AdminaHealth, ebm, EverythingBenefits
Is this a Public of Private Company?
Does the Organization have a Diversity Inclusion Policy
Do you provide other services which were not captured above? If yes, please provide a short explanation.
Yes, we also provide full benefits administration and related ad-hoc services using Employee Navigator as our base software package. We can fully manage individual clients as an outsourced technology and support team for insurance brokers, and we can also assist in new portal builds, renewals, and integration/carrier feed implementation.