Fund every employee's health plan. Without a group plan.
Set a monthly dollar amount per employee. Each person picks coverage they actually want. We keep it IRS-compliant and handle the paperwork. $0 setup. $45 per enrolled employee per month. No minimums.
🔒 Free to start. We collect your payment method up front, but don't charge anything until your chosen effective date. You don't pay for employees who opt out.
Here's how BenefitX works.
You decide how much to spend on each employee per month. You can pay different amounts for different jobs or family sizes.
You can even set up your own health plan marketplace with your company logo. Your employees can shop there. A licensed advisor can help them choose. This adds value to your health benefits plan. It helps with recruiting and keeping employees.
Your employees' health plan premiums can be paid in two ways:
You pay the insurance company.
If the plan costs more than your monthly amount, the extra comes out of the employee's paycheck.
The employee pays the insurance company.
You pay them back through payroll, up to your monthly amount.
Either way, the employee pays no tax on the money. You can write it off on your taxes. We make the plan documents, file the IRS forms, and handle the legal paperwork.
Three reasons business owners switch to BenefitX.
Your group plan renewal just came in at +22%.
Most owners pay the increase every year. There's a better way. Stop shopping group plans. Create your own Benefit X-Change. Decide what you can spend per employee per month. Offer them that amount. Let them pick their own plan. You set the budget. You never pay more than you choose. Plus, there is no 75% participation rule. The insurance company can't cancel the plans. This is true even if some employees decline coverage.
You don't offer health benefits. You're losing good people.
Group plans often cost too much. Plus, you pay that high rate for all employees, whether salaried or hourly. You have no control as the insurance company raises your rates every year. All this leads many employers to offer no benefits at all. A business can lose good employees without a benefits plan. It also makes it harder to hire top talent. It's important to have one. BenefitX lets you start small. Any amount is better than nothing. Even $100 per employee per month works. Grow when you can.
You already pay employees for their health insurance.
Most owners are unaware that this poses a significant risk. You can't write a check for an employee's premium or simply add a bonus to payroll. Doing so without the right paperwork is illegal. The IRS calls this an Employer Payment Plan. The fine is $100 per employee, per day. That's $36,500 per employee per year. Setting up a Benefit X-Change makes this payment plan legal. You stay compliant and prepared for an audit.
The IRS fines employers $100 per employee, per day for reimbursing health insurance the wrong way.
That adds up to $36,500 per employee, per year. Pay or pay back an employee's health premium the wrong way, and the IRS can hit you with that fine. They have said so since 2013.
BenefitX keeps you on the right side of that rule. We build and keep up your plan documents, IRS filings, and required notices for you, so you stay penalty-free.
References: IRS Notice 2013-54 · DOL Technical Release 2013-03 · IRS Notice 2015-17 · 26 CFR § 54.9802-4 (ICHRA Final Rule) · IRC § 4980D
One plan. Every premium. Every worker.
Help your team pay for almost any health plan. ACA (Obamacare), Medicare, dental, vision, even accident and indemnity. It covers your W-2 employees and the workers other plans leave out: 1099 contractors, partners, and owners. One plan covers it all, and we keep it compliant.
We don't sell you a benefit. We solve the problems others create.
Traditional group health vs. The Benefit X-Change
Why so many business owners are making the switch.
What does $45 per employee per month actually buy you?
BenefitX works like your in-house benefits team. We handle the rules and the paperwork. You get plan documents, IRS forms, and ERISA filings. We keep you HIPAA and COBRA compliant. You get your own branded enrollment page for your team. A licensed advisor handles employee enrollment.
For a 10-employee company, it's only $450 a month. This is about 1/15 of the cost of hiring one part-time HR person. And it keeps you out of trouble with the IRS, DOL, ACA, ERISA, and HIPAA all at the same time.
You skip the 15-25% rate hike every year. You stop offering a one-size-fits-all plan that doesn't fit anyone.
Simple, transparent pricing.
Everything in one place. We handle the ACA, HIPAA, ERISA, DOL, and IRS rules for you.
Standard
1 to 49 eligible employees- ✓Cover W-2 employees, 1099 contractors, partners, and owners
- ✓Private-branded marketplace at your-name.benefitx.com
- ✓Employee enrollment + reimbursement portal
- ✓Payroll deduction tracking + opt-out handling
- ✓Plan documents
- ✓1095-B IRS e-filing
- ✓ALE / FTE tracking
- ✓Licensed advisor your employees can call
Enterprise
50+ eligible employees- ✓Custom pricing for groups at or above the ALE threshold
- ✓ACA §4980H reporting and 1094-C / 1095-C filing handled
- ✓Dedicated implementation contact
- ✓World-class customer support
What you don't pay.
Other platforms charge for many other line items in the fine print. We don't.
🔒 Free to start and you don't pay for employees who opt out.
From signup to enrolled employees in days, not months.
Sign up free
Free to start. We collect your payment method up front but don't charge anything until your chosen effective date. You don't pay for employees who opt out.
Add your team
Set employee classes, add employees, and pick a monthly contribution for each class. Each employee gets a private marketplace at your-company.benefitx.com plus access to a licensed advisor.
Pay one number per month
Whether you pay the carrier directly or reimburse the employee through payroll, BenefitX shows you exactly what to pay and to whom. Log in once a month. You're done.
Fund every plan your employees actually want.
Almost every other platform stops at high-deductible ACA plans. BenefitX keeps you compliant across the full range of coverage your employees actually want, on the Marketplace and off.
ACA-Qualified Plans
- ✓Obamacare (ACA Marketplace)
- ✓Off-Marketplace ACA plans
Non-ACA Plans
- ✓Indemnity
- ✓Accident
- ✓Critical illness
- ✓Specified disease
- ✓Dental
- ✓Vision
- ✓Other supplemental plans
Cover the people other plans leave behind.
Most platforms only handle your W-2 employees. BenefitX lets you contribute to the self-employed people on your team too, documented and handled correctly.
W-2 employees
Tax-free where the law allows, with the documents and filings handled for you.
1099 contractors
Contribute to the independent workers who keep your business running.
Owners
Partners, sole proprietors, and S-corp owners, included and handled correctly.
Everything is included.
No add-on fees, no per-document charges, no surprise filing costs.
Plan documents
Plan Document, ERISA Wrap, SPD, Schedule A, Required Notice by Class, Substantiation. Auto-generated, auto-updated.
IRS reporting
1095-B e-filing for non-ALE employers, no separate fee. 1094-C / 1095-C filing available on the Enterprise tier.
ALE tracking
FTE counts continuously, so you know if and when you cross the 50-employee threshold. No surprises at year-end.
HIPAA program
BAA in place, AES-256 encryption, AWS BAA infrastructure, audit log on every action. We're a Business Associate to your Plan.
COBRA + PCORI
Qualifying event tracking and Form 720 reminders for the federal continuation and patient-research-fee rules.
White-label marketplace
Your-name.benefitx.com, branded with your logo and your assigned licensed advisor.
Employee enrollment
Self-service portal where employees pick plans, submit reimbursements, view documents.
Payroll deduction handling
Track per-employee deductions, opt-outs, defined contribution conversions automatically.
Licensed advisor for your team
A real human licensed broker your employees can call for plan-selection help.
Frequently asked questions
I've never heard of this. How is it different from a group plan?
A group plan is one health plan everyone uses. You pick it. The insurance company raises the price every year. BenefitX is different. You decide the dollar amount per employee per month. Each employee picks their own plan. A licensed advisor helps them. You make one monthly payment. We handle the paperwork with the IRS and other agencies. No yearly price hike. No minimum sign-up rule.
What does "free to sign up" actually mean?
You can set up your account and build your plan for free. We ask for a payment method when you sign up, but we don't charge you until you add your first employee. After that, it's $45 per enrolled employee each month, starting on your next billing date.
What if I sign up but don't add employees?
Your account stays free. If you have no employees after 90 days, we send a reminder. After 180 days, we pause the account. You can turn it back on any time by adding an employee.
Do I have to pay for employees who opt out?
No. You don't pay for anyone who opts out. Just note: the employee has to log in and opt out themselves for the charge to drop off.
Are credit cards accepted?
Yes. We suggest ACH (bank transfer) because the fees are lower, and it's the default. Credit cards work too if you prefer.
Can I cancel anytime?
Yes. There's no yearly contract. Cancel from your portal, and your plan ends when the current billing month is up.
How do employees pick plans?
Each employee gets their own page at your-company.benefitx.com. They can shop health, dental, vision, and Medicare plans for their ZIP code, or get one-on-one help from your assigned licensed advisor.
What if I have 50 or more employees?
The Standard plan fits groups of up to 49 employees. At 50 or more, you become an Applicable Large Employer (ALE) under the ACA, which adds reporting. Book a call on our Enterprise tier and we'll set up what your group needs.
One plan to cover them all.
Every premium, every worker, fully compliant. Start free, no setup fees.
🔒 We charge nothing until you add employees and reach your chosen effective date.