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