Latest data from Beneration highlights widespread billing errors across employers, demonstrating the financial risks of inaccurate benefits invoicing

PHILADELPHIA--(BUSINESS WIRE)--

Beneration, a leading provider of benefits reconciliation and compliance solutions, revealed over $200 million in billing discrepancies affecting 110,000 employees across hundreds of employers in the past year.

“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.”

Healthcare costs are projected to increase by 5.8% in 2025, following a 4.5% rise in 2024, driven by inflation and escalating provider prices, according to Mercer. Nearly three-quarters of CFOs identify healthcare costs as their most unpredictable and volatile expense category.

With costs rising, even small billing errors can snowball into major financial losses — making proactive reconciliation essential.

Beneration’s reconciliation platform provides finance and HR leaders with a centralized solution for monthly billing, helping teams gain control over this cost center by:

Automating reconciliation across HRIS and carrier data to eliminate manual errors and save time

Reducing administrative burden and minimizing human error

Ensuring compliance with carrier requirements and regulatory standards

Delivering measurable cost savings through accurate billing

Rather than relying on HR teams to manually reconcile invoices across multiple carriers, systems and locations, the platform identifies discrepancies as they happen and delivers a clear, consolidated view of benefits spend. By aligning enrollment records with carrier charges, Beneration helps organizations avoid overpayment, reduce liability and strengthen internal oversight.

“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. Advanced automation technology can dramatically increase transparency and help employers rein in waste,” Hirsh continued.

Beneration’s customers include mid-sized and enterprise organizations across industries, all seeking greater financial oversight and improved data integrity in managing their benefits spend.

About Beneration

Beneration is a benefits reconciliation and compliance platform that ensures accuracy across payroll, HRIS, and carrier data. By automating reconciliation, Beneration reduces errors, improves compliance, and delivers significant cost savings for employers. For more information — www.beneration.com

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Source: Beneration