Simply Better Benefits
Plenty Benefits is an employee benefits marketplace helping all types of workers get the benefits they need. It supplements broker & employer offerings to enable a complete suite of benefits without the admin, support, or ownership burdens of the group chassis. We do this by leveraging individual insurance & wellness products, shifting payment to direct & defined contributions, and focusing on the broker as the gatekeeper of benefits.
FEATURES
Plenty of Benefits
Where group benefits end, Plenty Benefits begins. We sit alongside your group offerings to extend the options available to workers, including - Dental - Life - Vision - Critical Illness - Disability - Accident - Financial Wellness - Mental Health - Identity Theft - Care Support ...and more...
All Workers
W2. 1099. Even retirees. Offer different products to different types. Plenty builds culture & inclusion by supporting the whole workforce.
No Cost
Save on the platform. Spend on the worker. While the platform is free, we encourage employers to contribute to their workers' accounts (called a "defined contribution") on a monthly basis.
No Admin
Plenty is a benefits automation platform. We remove sales, enrollment, billing, service, support, and many legal barriers to offering benefits. We do this by utilizing individual products and services, direct-billing the worker, and automating sales & service activities.
Brokers
Offer full benefit suites to diverse workforces. No RFPs, technology integrations, enrollment issues, or service needs. Just benefits.
Employers
Grow benefits without growing admin & costs. Attract & retain talent while building a culture of trust & support.
Workers
Access and use brand new benefits from established providers via your extended workplace benefits program.
70% of employees agree that providing ancillary benefits makes their employer more attractive, reduces turnover.
FAQ
Your questions, answered
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What Benefits do You Offer?We offer a range of traditional benefits as well as modern lifestyle benefit offerings. We work with our partners to bring AM Best "Excellent" or better products into the workforce. Some of the products include: Traditional: - Dental - Life - Vision - Disability - Critical Illness (Incl. cancer) - Accident Wellness/Lifestyle: - Financial Wellness - Mental Health - Identity Theft - Care Support With more in the process of being added!
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Do All of the Benefits Need to be Offered?In short, no. Employers & their brokers have the ability to turn on or off various products and customize who the offering goes to by worker type For example, imagine you have a group dental plan. You can turn the Plenty Benefits dental plan off for W2 workers who already have access, but toggle it "on" for 1099 & retirees who don't qualify for the group plan. Each "plan design" is as simple as turning products "on" or "off." But remember, the more you offer the more desirable and equitable your plan becomes.
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Does Plenty Become the Broker?Absolutely not! We're here to help & assist brokers to offer the most impactful benefit suite possible. We fully believe in the group model and want to support contributions to the group ecosystem. That being said, we believe voluntary benefits aren't intended to live inside of the complexities of the group technology and business models. We help brokers break low or non-contribution products out from the standard group process and onto our individual platform in order to lower barriers to access, reduce administrative burdens, and lessen pressures on wallet share. We enable brokers with a suite of reporting and benchmarking data, automated surveying & marketing tools, and a unique decision support model to alleviate the complexities. We help brokers. We don't replace them.
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Do I Need a Broker?Yes. We believe in enhancing the existing benefits ecosystem with brokers being the driving force behind benefit growth. If you're interested in our platform but do not yet have a broker, are on a PEO, or have some other arrangement - please contact us and we're more than willing to get you pointed in the right direction.
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What About Decision Support?Our platform has a built-in decision support tool that helps guide workers to benefits that fit their needs. Powered by data science and regularly updated with the latest studies, our algorithm analyzes each individuals' present needs & future aspirations to craft a benefits recommendation tailored uniquely for them.
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What Size Businesses are Appropriate for the Platform?We're focused on the littl(er) guys! We aspire to help small companies compete with larger players. This typically means companies from 10 - 1,000 lives, but our platform has no real lower or upper limits.
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What is the Pricing?We have a "freemium" model. This means you can use our platform for free! However, we also have an advanced plan that offers more features, additional reporting, and priority support that may be advantageous to some customers. Whether you're on the free or paid plan, you can be sure our mission remains unchanged: to broaden benefits while reducing burdens - for brokers, employers, and individual workers.
Join Our Waitlist.
"Well-being has sharply declined, partly due to financial stressors, but also because of the anxiety, helplessness, and fear many Americans feel."
Mind, Body, Wallet 2023
"The time for employers to act is now to offer the tools and benefits this growing segment of the workforce seeks to succeed as healthy, happy and productive employees."
Future of Benefits 2024
"74% of American workers are stressed. Gen Z and millennials are more than twice as likely as baby boomers to experience high or moderate burnout."