First Benefit Solutions
First Benefit Solutions engineers custom self-funded employee benefits programs using proprietary data analytics to uncover hidden cost drivers and control healthcare spending. The company partners with Key Benefit Administrators and the American Health Data Institute to deliver tailored plan designs, population health management, and supplemental benefits like zero-copay telemedicine and personalized health coaching, with employers saving an average of $324 per member annually.
- Healthcare Technology
- Data & Analytics
- Digital Health
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Traditional employee benefits programs often rely on generic, one-size-fits-all plans that fail to address specific workforce needs and financial goals. Employers face unpredictable rising premiums and hidden healthcare cost drivers that strain budgets without improving employee health outcomes.
Solution
First Benefit Solutions partners with organizations to engineer benefits programs that directly impact financial and human capital objectives. The company leverages proprietary data analytics to uncover hidden cost drivers and design custom self-funded solutions tailored to each workforce. Through collaborations with Key Benefit Administrators and the American Health Data Institute, First Benefit Solutions offers benefits engineering that blends innovative plan designs, predictive data analytics, and population health strategies to slash total benefit costs without compromising quality. Their proactive approach includes supplemental benefits like 24/7 telemedicine, behavioral health access, and personalized health coaching, which drive employee engagement while delivering measurable financial returns.
Target Audience
Primary customers are employers seeking to control healthcare costs while improving workforce health, including business leaders looking to exit the cycle of unpredictable rising premiums and organizations wanting greater financial transparency in their benefits programs.
Features
- Proprietary data analytics to identify hidden cost drivers and design tailored self-funded plans
- Proactive Health Management Plan featuring comprehensive well-being resources, zero-copay telemedicine, and personalized health coaching, with employers saving an average of $324 per member annually
- Data-driven population health management with patented solutions for chronic disease management and health coaching
- Comprehensive Weight Management Program using clinically proven Semaglutide with coordination by Registered Nurses and Health Coaches
- Collaboration with Key Benefit Administrators for benefits engineering and with the American Health Data Institute for patented population health solutions