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We're seeing a lot of product news and client offerings comingacross the wires this week. The employee benefits and retirementindustry continues to grow and create.
|The DisabilityManagement Employer Coalition (DMEC), the professionalassociation for absence and disability professionals, and workplacelaw firm JacksonLewis P.C. announced a new collaboration to provide acomplimentary, streamlined version of Jackson Lewis' Leave andAccommodation Suite of online tools to DMEC's membership.The Leave& Accommodation Suite is part of Jackson Lewis' workthruIToffering.
|LIMRAreleased the first set of data exchange standards focused onpost-enrollment data for the employee benefits market. The LIMRAData Exchange Standards (LDEx) are designed to standardize the dataexchanged between insurance carriers and benefits administrationtechnology companies for non-medical employee benefits. The firstversion of LDEx is Benefits Enrollment Management 1.0 letsbenefits administration technology companies send coverageelections, changes and terminations, as well as non-coveragedemographic changes to a carrier in a consistent XML format.
|Livelyannounced the launch of its Flexible Spending Account (FSA)offering that will include Medical/Healthcare FSAs, HSA-Compatible(aka Limited Purpose) FSAs, and Dependent Care FSAs. The Lively FSAwill be available for employers starting January 2021.
|Massachusetts Mutual Life Insurance Company isoffering an emergency savings solution toworkers participating in one of the insurer's 401(k)s orother defined contribution plans. MassMutual is making theemergency savings solution available automatically throughMassMutual's MapMyFinances financial wellness tool. The accountsrequire a minimum deposit of $25 per month, are FDIC-insured andtaxable.
|Human capital management company Paycor announced itsnew Scheduling and Scheduling Pro solutions. Key features of PaycorScheduling include the ability to develop templates, scheduleemployees via mobile device, send notifications and shift remindersin real-time. With Scheduling Pro, clients get the benefits ofPaycor Scheduling plus additional features.
|PreferredOne announced that it now offers Learn to Live to itsself-insured clients that have 200 or more employees. These clientscan provide Learn to Live's interactive digital programs to theiremployees for help with mental and emotional healthconcerns. Learn to Live's services are now available tomore than 3.5 million members across the United States.
|RxSense, thehealthcare technology company, announced the launch of RxIQ,enhancing its enterprise solution for pharmacy benefitsadministration, RxAgile. RxAgile's new RxIQ analytics dashboardincludes such features as customizable dashboards, detailedbusiness reports and monitoring.
|ScriptaInsights, a healthcare IT company, offersScript.AI. It categorizes pharmacy spend, offerscustomized plan design based on data insights, and providescustomized reporting with recommendations and savings strategies. APharmacy & Theraputics committee of more than 25 doctors andpharmacists reviews and advises on medications and potentialsubstitutions.
|TIAAannounced that it will offer a Health Savings Account to itsinstitutional retirement plan clients to help their participantsprepare for health care expenses now and in retirement. The TIAAHSA will be administered by HealthEquity, Inc. and will work inconcert with TIAA retirement plans. The TIAA HSA will be availablein the first quarter to all institutional clients that offeremployees a high-deductible health plan.
|WINFertility, the fertility benefitsmanagement company, has launched an enhanced digital userexperience with features added to its newly designed mobile app.Thenew app features video nurse consultations with WIN's clinical caremanagement team, a personalized benefits center, mobile appointmentscheduling, fertility education content and digital fertilitytracking tools.
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