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Zenefits (YC W13) Gives Startups A One-Stop Shop For Employee Benefits

66 pointsby joshualastdonover 12 years ago

9 comments

tednaleidover 12 years ago
Are the health insurance benefits group or individual? If it's group, are you aggregating everyone into a pool that's &#62;50 people in size, or is each startup it's own group?<p>If it's individual, what are you doing with the people in a startup that are considered uninsurable (it's not 2014 yet so no guaranteed insurance). Some states, like MN with it's MCHA program, have guaranteed-issue pools for people who are denied, but that's only about 25% of states. Are you limiting your exposure to those states till 2014?<p>I've spent a lot of time in the health insurance/health care space, so I can appreciate the complexity in the benefits market. My last startup, Bloom Health, was in a similar space (defined contribution health plans for small employers) and we sold to Wellpoint, HCSC, and BCBS of MI in 2011. We started with individual plans, but eventually switched to group plans because the individual space was just too hard without PPACA in place. Lots of opportunities here now that it's almost 2014 and Obama has been re-elected. Good luck!
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parkerconradover 12 years ago
Wow, thanks Hacker News! (One of the Zenefits Co-founders here). One quick thing to point out -- we are actually YC W13, not w12 (small slip-up from TechCrunch on this point).
sabathmtover 12 years ago
Pain point - plain and simple. Startups take note: this looks very promising
rdlover 12 years ago
Great idea.<p>I wish they'd publish more info about their vendors (i.e., is the 401k a bunch of high load or expense ratio extortion, or is it Fidelity/Vanguard funds?)
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bitsweetover 12 years ago
We've been working with Zenefits over the last week and their level of customer service so far has been ridiculously good.
aashaykumar92over 12 years ago
This seems incredibly useful. My dad recently started a company and was always complaining about how long the employee packages take to setup...will let him know there is a solution!
randallover 12 years ago
FYI: None of the quotes are loading for us... we're a Utah company... is that why?<p>Edit: Melting servers. :) Just got a JSON response that looked failing.
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drewdaover 12 years ago
Or there's the option of a professional employer organization like TriNet: <a href="http://www.trinet.com/" rel="nofollow">http://www.trinet.com/</a>
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rurounijonesover 12 years ago
Looks good but the "sign with your mouse and you're done!" bit made me laugh out loud.<p>The idea that I can "just make a signature" with a mouse is hilarious from a UI point of view and seems highly glossed over (both UI wise and legally).
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