SmartBen's platform provides an integrated and simplified online enrollment solution that supports the Private Healthcare Exchange Marketplace. Exchange platforms are different than traditional benefit platforms and require a different approach to enrollment. SmartBen is the only platform that employs Psychology, Artificial Intelligence, and a Live Avatar to create an interactive user experience that has proven successful with defined contribution strategies, voluntary benefit and traditional core benefit enrollments.
SmartBen has successfully completed its (SSAE) No. 16 Type II, Reporting on Controls at a Service Organization. The audit was performed by an independent auditing firm. SSAE 16, developed by the Auditing Standards Board ("ASB") of the American Institute of Certified Public Accountants ("AICPA"), replaces the Statement on Auditing Standards No. 70 ("SAS 70"), which was the standard used for reviewing the control processes of service organizations for nearly two decades.