Employee benefits product news from Wellbeats, TCG Advisors, Global Atlantic, Yorktel, Minnesota Health Action Group, Buoy Health, AssetMark, Sun Life Financial and more. (Photo: Shutterstock)
Here is the latest product news to cross the editors' desks. This week's employee benefits product roundup includes health insurance, wellness, financial solutions, and more.
TCG Advisors announced the launch of FinPath, a new workplace financial wellness program. It analyzes each user's financial profile to determine a unique Wellness Score and provides personalized recommendations on improving it. It includes interactive learning modules, a planning toolkit, access to personal wellness coaches and Certified Financial Planners.
Sun Life Financial has launched affiliate FullscopeRMS to partner with health plans and other insurance providers to bring new products to market. FullscopeRMS, which will operate as a standalone organization, has an expanded portfolio, including a turnkey stop-loss solution for health plans, and also offers turnkey solutions for life, absence management and voluntary products, and a suite of capabilities including risk management, product development, actuarial, underwriting, claim administration and distribution training.
The Minnesota Health Action Group has released a Specialty Drug Employer Playbook that is now available online. It includes guidance on the following and more:
- Entities that are involved in the pricing and distribution of specialty drugs
- How to work with providers, health plans, and PBMs
- What the true impact of rebates and coupons is
- How to better understand fiduciary responsibility
Global Atlantic announced that its Wellness for Life rider is available at no charge to everyone purchasing a new, eligible policy. Wellness for Life gives owners of permanent policies discounts on insurance costs if they visit the doctor at least once every other year and manage their weight within a range determined when they buy their policy.
Cetera announced it is expanding its Retirement Plan Advice & Consulting Platform to include the delivery of advice to Health Savings Account (HSA) plans and other non-ERISA employer sponsored plans. Cetera's Plan Advice & Consulting Platform, which already includes an advisory agreement that allows advisors to provide advice to plan sponsors on their retirement plans, will now also enable advisors to provide advice to employers on their HSA plans.
Buoy Health has expanded its digital Corporate Health & Benefits program offering to include addiction treatment from Workit Health, chronic pain management from Hinge Health, and general self-testing from LetsGetChecked. Integration with CirrusMD's virtual care delivery platform connects users to ongoing chat conversation with a dedicated physician in 60 seconds or less and transparency tools from Healthcare Bluebook provide price and quality information.
AssetMark announced the launch of AssetMark Guided Income Solutions, a new program that includes a suite of turnkey, professionally managed portfolios designed to deliver stable cash flows to clients planning for retirement. It segments clients' assets into 'buckets' based on their unique short-term, intermediate-term, and long-term objectives. It also includes a calculator and reporting capabilities.
Yorktel announced a new addition to its Univago HE healthcare communications solution suite – the Acute patient solution. Acute is fully interoperable with iObserver, the company's patient observation application. It includes night vision, advanced remote camera and audio controls, and more.
Wellbeats has launched a set of classes designed specifically to aid in recovery, increase mobility and flexibility, and release muscle tension. The new Stretch & Release channel currently features eight classes with more to come. Wellbeats content can be licensed by corporate clients and made available to consumers via Windows, Android, and iOS devices and features more than 400 fitness classes. READ MORE:
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