Industry Product Overview Benefits: 401k Administrators, Bloom Healing Arts Academy, Solera Health and more

Here are the recent product announcements for the employer-sponsored benefits and pension industry.

Willis Towers Watson announced that it has improved its coverage verification tool for retirees who use Via Benefits, its individual marketplace. Retirees use the tool to compare their profile (current medications and dosage) to available Part D drug plans. The tool then makes a recommendation: stay with your existing plan or choose a better suited plan based on the total annual cost (including premiums, deductibles and out-of-pocket expenses) and drug coverage of the individual.

Solera Health announced the release of Solera Connect. Solera Connect serves as a “digital gateway” for the consumer to evidence-based lifestyle, behavioral and social solutions. It integrates with care management systems and other existing health management platforms and handles tasks such as complaints handling, compliance, consumer engagement, eligibility verification , consumer matching and supplier management.

Kumanu, in partnership with ProMedica, announced the launch of an ingenious new employer-focused solution designed to address unrecognized social determinants of health that can affect the quality of life and work of employees. It identifies risk factors in an employer’s workforce and helps connect people to available resources at work or in their community, on a confidential basis.

Blue Cross for Independence Now offers members access to a program to help them reduce their student loans and improve their financial well-being. End End is available at no cost to consumer plan members and trade group customers, and program services are available to Independence members and their household members, even if household members are not enrolled in health benefits. the insurer. For the customers of the commercial group, GradFin is a value-added service.

DailyPay announced the launch of a new solution later this year, REWARD by DailyPay, which is designed to give managers the ability to incentivize their staff with on-site payments for everything from bonuses for exemplary work to special incentives for take extra shifts.

Bloom Academy of the Healing Arts launched a new online platform of virtual workshops and over 20 interactive courses covering topics ranging from Breathing to Group Hypnotherapy, Positive Mindset, Meditation and more. Members can learn at their own pace and at their own pace, with Bloom’s instructors guiding them through their journey.

401GO launched an automated, modeled 401 (k) plan setup process for small businesses and startups. The system asks questions to understand the employer’s goals, intentions and business functions, then guides the user through the various plan choices.

401kAdministrators.com announced a new 401k common employer plan with no fees or costs to employers. Investments are provided through self-directed brokerage accounts. 401kAdministrators serves as the plan provider, plan administrator and appointed plan trustee.

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