New benefits industry products, tools,and solutions for HR, retirement advisors, benefits brokers.(Photo: Shutterstock)

New employee benefits products that crossed our desk recentlyinclude the following:

Wellbeats,a provider of on-demand fitness classes has recently expanded tothe employer market. The Wellbeats solution features more than 350fitness classes, and all classes can be accessed through an onlineportal or a mobile app and itintegrates into a company'sbenefits portal.

Health IT analytics company Truveris hasdeveloped an end-to-end pharmacy benefits management (PBM) systemthat aggregates pharmacy data for employers, brokers, labor unionsand others to reduce pharmacy-benefits related costs. Employers canuse its TruBid platform to shop for PBM contracts. TruBid is acloud-based “reverse auction” platform that simplifies andoptimizes the RFP process for PBM contracts.

RetireOneadded two solutions that aim to help RIAs and fee-basedadvisors look for alternative ways to meet client income needs,manage risk and navigate a rising rate environment. These newadditions include the Allianz Index Advantage ADV Variable Annuity,a structured annuity, and the Allianz Retirement Foundation ADVAnnuity, a fixed indexed annuity.

Sara Horowitz, founder of the Freelancers Union, has launchedTrupo, aninsurance company built by and for freelancers. Backed by theFreelancers Union and Sequoia Capital, and partnering withreinsurer RGAX, Trupo offers insurance for freelancers. Trupo willbe available first in Georgia, with additional markets to follow.Georgia freelancers can request an invitation at www.trupo.com andwill be notified when the plan launches.

Northeast Business Group on Health (NEBGH) launched “Improving the Cancer Patient Experience: Putting Employees at the Center of Your Cancer BenefitsStrategy,” a guide designed to help HR and benefits leadersorganize, coordinate and provide the best possible experience foremployees and family members with cancer. It is free toemployers and the public.

VoyaFinancial announced its new Financial Wellness Experience. Itprovides participants with a resource center that includeseducational articles, life-stage tips, planning tools andcalculators so they can learn and take action. The new FinancialWellness Experience integrates into Voya's myOrangeMoney online,interactive educational experience.

Global XFunds, a New York-based provider of exchange-traded funds,announced the launch of the Global X TargetIncome 5 ETF and theGlobal X TargetIncome Plus 2 ETF. TFIV seeks to achieve a 5% yield,net of fees, while TFLT seeks to achieve the yield on the current10 Year US Treasury Note, plus 2%, with both funds expected to paydistributions on a monthly basis. TFIV and TFLT track indexesdeveloped by Wilshire Associates that allocate across 11 ETFsrepresenting different income-paying asset classes.

The first artificial-intelligence-enabled virtual collegecounseling platform, myKlovr, is now being offered to corporatehuman-resources departments and benefits-administrators. It offersboth students and parents educational specific resources such aspersonalized digital college prep and specific education AI-basedtools. MyKlovr is also an integrator of educational financialsolutions. It is available as a post-tax voluntary benefit.

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