PHILADELPHIA, PA — Beneration announced it identified more than $200 million in billing discrepancies over the past year, impacting 110,000 employees across hundreds of employers.
The findings highlight the growing risks employers face as healthcare costs continue to surge. Mercer projects a 5.8% increase in 2025 following a 4.5% rise in 2024, with inflation and escalating provider prices driving volatility. Nearly three-quarters of CFOs now rank healthcare as their most unpredictable expense.
“Our data shows that employers are losing millions due to fragmented systems and manual processes,” said Rick Hirsh, CEO of Beneration. “As healthcare costs surge, organizations need smarter tools to protect their budgets and ensure compliance.”
Beneration’s reconciliation platform automates the process of aligning HRIS and carrier data, reducing manual errors and administrative burden while ensuring compliance with carrier and regulatory standards. The system provides finance and HR teams with a consolidated view of benefits spending, flagging discrepancies in real time and reducing liability from overpayments.
“With benefits costs continuing to rise and compliance rules growing more complex, employers are increasingly turning to brokers and providers for solutions that ensure both financial integrity and risk management,” Hirsh said.
The company’s platform aims to deliver measurable savings by streamlining monthly billing reconciliation, providing employers with stronger oversight and more predictable cost control at a time of mounting financial pressure.
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