I’m excited to announce that our new approach to offering #employeebenefits formally launched this morning. With Beanstalk Benefits, employers across the country can now give employees access and control to build their own Benefits Portfolios. A link to our announcement is below in Comments.
For the first time, employees can:
· Build their own Benefits Portfolios from a suite of high-quality services and solutions covering Mind, Body, Lifestyle, Family and Money.
· Pay for their selections with employer-sponsored or personal accounts.
· Update their Benefits Portfolios throughout the year as their needs change.
Why Beanstalk? The last few years brought a massive proliferation of #digitalhealth, wealth and wellbeing solutions. Increasingly specialized benefits options have the potential to meaningfully improve lives.
Yet they’re severely under-utilized because at the same time, HR teams are shrinking, and we’ve never been in a position where we’ve had so much diversity in the workforce across generations, family makeup, gender, health, wealth, geography and culture. There is simply no way even the most well-meaning employer can sign enough point solution contracts to accommodate everyone and their dependents.
My founding colleagues and I have a combined 75+ years in the benefits industry. We realized that what was missing was a platform that puts the employee in the driver’s seat.
So, we built it. Now, employers of any size can become employers of choice by offering a full benefits suite that employees choose from, all under one simple, straightforward contract.
Beanstalk Benefits has been a year in the making, and we couldn’t have done it without the benefits services providers whose innovation and partnership made Beanstalk possible. We are proud and grateful to be working with you.
Thank you to the inaugural members of the Beanstalk Benefits suite for helping to reshape the way people take care of themselves and their families. Vitalxchange, SimpliFed, Overalls, Kith + Kin, Curio Digital Therapeutics Inc., HeyKiddo, Sober Sidekick by Empathy HealthTech, Spiritune, CheckUps by PathFinder Health, SnoopDrive, Inc., Upswing Health, BeMe Health, Frame, Tender, Manifest, GoStork.
We are launching with $7.5 million in seed funding. Thank you, too, to Redesign Health, Lesley Solomon, Kyle Tatz and Tiffany Yu for the guidance and support.
And of course, thank you to my founding team, whose energy and passion for solving this pain point made creating this platform together an obvious and easy choice. Cheryl Turner, Joel Kempner, Timur Bagirov, Brendon Harris, Sean Moir, Quinn Dursee, Drew Daniels, Liz DeForest, Mindy Fox and Paul Marcotullio.
#DTx, #DigitalHealth, #employeebenefits, #hrforhr
www.beanstalkbenefits.com
