Managed Benefits
Managed Benefits Inc. is a privately owned B2B consulting firm founded in 1992, headquartered in Glen Allen, Virginia, serving Mid-Atlantic employers with employee benefits advisory, HR compliance consulting, workforce training, telemedicine, HRIS implementation, and Medicare advisory services.
- Company typePrivate
- Founded1992
- HeadquartersGlen Allen, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Managed Benefits does
Managed Benefits Inc. (MBI) is a privately owned B2B consulting firm headquartered in Glen Allen, Virginia, with a secondary office in Amarillo, Texas. The firm was established in 1992 and serves employers primarily in the Mid-Atlantic States and beyond, delivering employee benefits, HR, and workforce training advisory services. Its core service lines are Employee Benefits (benefits plan design, carrier negotiation, and claims monitoring), HR Solutions (HR compliance and workforce management consulting), and Training Experts (compliance and leadership workshops). Complementary add-on modules include Telemedicine (employee access to board-certified physicians via phone/computer), Human Resource Information Systems (HRIS) implementation, Managed Senior Services (MSS) — a wholly-owned subsidiary providing Medicare advisory for Medicare-eligible employees — and free Workshops/Webinars for ongoing education.
The company's revenue model is professional services consulting fees, executed through a sales-led direct B2B go-to-market targeting Mid-Atlantic employers. Free workshops and webinars, a content marketing engine (blog, news articles, video), and an active social media presence on Facebook, LinkedIn, and YouTube function as top-of-funnel client acquisition channels. Pricing for consulting services is not publicly disclosed; only the workshops are explicitly free. There is no disclosed proprietary technology platform, API, or SDK — the business is fundamentally people-and-expertise-driven. The firm publicly cites $3,500,000+ in client cost savings in 2019 from expert negotiation and claims monitoring, though this represents client-side savings rather than company revenue. Ownership is closely held with no disclosed parent company, venture capital backing, or public listing, and no funding rounds, acquisitions, or leadership changes are documented.
Managed Benefits firmographics
Firmographics- Name
- Managed Benefits
- Legal name
- Managed Benefits Inc.
- Website
- https://managedbenefits.com
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Managed Benefits Inc. is a privately owned B2B consulting firm founded in 1992, headquartered in Glen Allen, Virginia, serving Mid-Atlantic employers with employee benefits advisory, HR compliance consulting, workforce training, telemedicine, HRIS implementation, and Medicare advisory services.
- Ownership category
- akta.pro rank
Managed Benefits industry classification
Industry- Product category
- Employee Benefits & HR Consulting
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Employee Benefits Brokerage & Consulting (FSAEADAC)
- akta.pro secondary industries
- Benefits Administration (BPACAPAC), Benefits Administration & Total Rewards Outsourcing (BPACAKAE), Workforce Benefits Administration (Enrollment & Deductions) (BPACAIAF)
Keywords
Where Managed Benefits is headquartered
LocationHeadquarters
- HQ city
- Glen Allen
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Managed Benefits business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Consulting Services - Expert Negotiation and Claims Monitoring: The company generates revenue through consulting fees for expert negotiation and claims monitoring services, having saved clients over $3,500,000 in 2019 through these services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Free Workshops |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Managed Benefits product offering
Product offeringCore offering
Managed Benefits Inc. is a privately owned B2B consulting firm that helps employers in the Mid-Atlantic States design, negotiate, and administer employee benefits programs while providing HR compliance, leadership and compliance training, telemedicine access, HRIS implementation support, and Medicare advisory services for senior-covered employees. The firm delivers expert negotiation and claims monitoring on benefits plans alongside training workshops and HR advisory, positioning itself as a single point of contact for employer benefits and workforce administration needs.
Product overview
Managed Benefits Inc. (MBI) is a privately owned consulting firm serving the Mid-Atlantic States and beyond, offering a suite of HR and employee benefits services. The core offerings include Employee Benefits (benefits plan design, negotiation, and claims monitoring), HR Solutions (human resources consulting and compliance), and Training Experts (compliance and leadership workshops). These core services are supplemented by add-on modules including Telemedicine (linking employees with physicians via telecommunications), Human Resource Information Systems (HRIS) implementation for benefits administration and compliance, Managed Senior Services (Medicare advisory for eligible employees), and Workshops/Webinars for ongoing education. The company saved clients over $3,500,000 in 2019 through expert negotiation and claims monitoring.
Differentiator
Problem solved
Functional benefit
Products and services
- Employee Benefits Employee benefits consulting for employers, including benefits plan design, expert negotiation with carriers, and ongoing claims monitoring. The service targets Mid-Atlantic employers seeking competitive health coverage and ancillary benefits programs.
- HR Solutions Human resources consulting for businesses covering employment law compliance, employee relations, and HR best practices. The service is delivered to employers across the Mid-Atlantic region.
- Training Experts Compliance knowledge and leadership skills training delivered to client employers, covering workplace safety, wellness, and professional development topics. Workshops are offered free of charge to clients.
- Telemedicine Telecommunications-based medical care linking employees with board-certified physicians for cost-effective evaluation, diagnosis, and treatment as an alternative to traditional face-to-face visits. Offered as a benefit add-on to employer clients.
- Human Resource Information Systems (HRIS) HRIS implementation and consulting services that streamline administration of employee benefits and improve communications between employers and employees while supporting HR and benefits compliance.
- Managed Senior Services (MSS) Medicare consulting and comparative analysis for Medicare-eligible employees evaluating options between employer-sponsored health plans, Medicare Advantage, Medicare Prescription Drug Plans, and Medicare Supplements. Operates as a wholly-owned subsidiary.
Quantifiable outcome
- Saved clients over $3,500,000 in 2019 through expert negotiation and claims monitoring
Companies that use Managed Benefits
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Managed Benefits technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Managed Benefits partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
Managed Benefits competitors and assessment
Company assessmentDirect peers
- Alera Group: Alera Group is a national insurance and financial services firm built by aggregating regional agencies offering employee benefits, property/casualty, and HR consulting to mid-sized employers — directly comparable as a mid-market benefits broker/consultant.
- OneDigital: OneDigital is a tech-enabled employee benefits and HR consulting firm that designs, negotiates, and administers group benefits, retirement, and HR solutions for mid-market employers — directly comparable to Managed Benefits' benefits brokerage, HR consulting, and HRIS service stack.
- USI Insurance Services: USI is a large insurance brokerage serving mid-market clients with property/casualty, employee benefits, retirement, and consulting practices — directly comparable to Managed Benefits' employee benefits brokerage and risk advisory positioning.
- World Insurance Associates: World Insurance Associates is a rapidly growing insurance brokerage that aggregates regional agencies providing employee benefits, commercial, and personal insurance to mid-market clients — directly comparable as a roll-up mid-market benefits broker.
Broad incumbents
- Hub International: Hub International is a large North American insurance brokerage providing employee benefits, property/casualty, and risk consulting to mid-market clients — a broad incumbent whose benefits practice competes with Managed Benefits' core.
- Arthur J. Gallagher & Co. Gallagher is a global insurance brokerage and risk management services firm with a large employee benefits and HR consulting practice — a broad incumbent whose benefits brokerage and consulting work directly overlaps with Managed Benefits' offerings.
- Brown & Brown: Brown & Brown is a national insurance brokerage and risk management firm with a sizable Employee Benefits practice serving mid-market and large employers — a broader incumbent whose benefits segment directly overlaps with Managed Benefits' core service.
- Marsh McLennan Agency: Marsh McLennan Agency is the mid-market arm of Marsh McLennan offering employee benefits, risk, and HR consulting to mid-sized employers — a broad incumbent whose benefits practice directly overlaps Managed Benefits' core offering.
- Lockton: Lockton is the world's largest independent insurance brokerage, with significant employee benefits and HR consulting practices serving mid-market and large employers — a broad incumbent with comparable benefits brokerage capabilities.
Emerging players
- Wakely Consulting Group: Wakely is a healthcare and actuarial consulting firm advising health plans, employers, and providers on benefits strategy, pricing, and compliance — an emerging specialist whose employer-side benefits advisory work partially overlaps with Managed Benefits' consulting model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Managed Benefits social profiles
Digital presenceManaged Benefits financial estimates
Financial estimateRevenue estimate
Valuation estimate
Managed Benefits leadership team
Management profileNumber of profiles
Managed Benefits subsidiaries and ownership
Company hierarchySubsidiaries1 record
Managed Benefits funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Managed Benefits M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Managed Benefits
What does Managed Benefits do?
Managed Benefits Inc. is a privately owned B2B consulting firm that helps employers in the Mid-Atlantic States design, negotiate, and administer employee benefits programs while providing HR compliance, leadership and compliance training, telemedicine access, HRIS implementation support, and Medicare advisory services for senior-covered employees. The firm delivers expert negotiation and claims monitoring on benefits plans alongside training workshops and HR advisory, positioning itself as a single point of contact for employer benefits and workforce administration needs.
Is Managed Benefits a public or private company?
Managed Benefits is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Managed Benefits founded?
Managed Benefits was founded in 1992. It employs 11 to 50 people.
Where is Managed Benefits based?
Managed Benefits is headquartered in Glen Allen, United States, in the North America region.
How does Managed Benefits make money?
One revenue line is on record: consulting Services - Expert Negotiation and Claims Monitoring.
Who are Managed Benefits's main competitors?
Direct peers on record are Alera Group, OneDigital, USI Insurance Services and World Insurance Associates. Broad incumbents are Hub International, Arthur J. Gallagher & Co., Brown & Brown, Marsh McLennan Agency and Lockton. Wakely Consulting Group is listed as an emerging player.
Does Managed Benefits have an API?
No public API is recorded for Managed Benefits.
What industry is Managed Benefits in?
Managed Benefits's product category is Employee Benefits & HR Consulting. Its primary akta.pro industry code is FSAEADAC, Employee Benefits Brokerage & Consulting, with a secondary code of BPACAPAC, Benefits Administration. Its NAICS code is 524292 and its SIC code is 6411.