Word: benefitpoint
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Dates: during 2000-2009
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...companies spend about $600 billion a year on health care and other employee benefits--a pot of gold that is attracting rivals to IE-Engine's niche. BenefitPoint, based in San Francisco, offers Web-based sourcing of employee benefits but keeps brokers in the loop. FreeMarkets, a $167 million sourcing-software firm based in Pittsburgh, Pa., moved into the health-care business eight months ago, placing more than $1 billion in contracts...
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