Product & Service Launches

Nationwide Launches Health Care Cost Control Tool

Nationwide Mutual Insurance Co. announced ClearAccess, an artificial-intelligence-powered platform designed to help employees find health care savings opportunities.

Powered by BillingNav, ClearHealth Strategies and Goodbill, the tool will enable employees to search for symptoms of a condition or illness; offer them a list of providers in their area; and present an expected breakdown of costs for services. The platform will also offer online provider search and booking options to schedule office visits; automatic screening for additional discounts; provider summaries that show anticipated costs; and support to navigate health insurance plans.

The tool will be available to members of Nationwide’s Self-Funded Program, a health benefit solution for employers with between two and 500 employees.

Congruent, Manifest Combine Retirement Account Rollover Capabilities

Congruent Solutions Inc., a retirement plan technology and services provider, and ManifestHQ Inc., a platform for consolidating retirement accounts, announced a partnership to embed Manifest’s rollover capabilities into Congruent’s Core recordkeeping platform, Retirement Edge guaranteed lifetime income solution and plan administration services.

Participants will be able to locate legacy accounts, initiate rollovers and reallocate assets into appropriate investment and income products within a single digital experience.

“We built Manifest to close the gap between where retirement savings end up and where they should be,” said Anuraag Tripathi, Manifest’s CEO, in a statement. “Partnering with Congruent allows us to embed that capability across CORE and Retirement Edge, reaching participants at the right moment and making it easy to bring their full financial picture together.”

Netchex Integrates into Payroll Integrations

Netchex, a payroll and benefits administrator, and Payroll Integrations Inc., a technology company offering benefit automation, partnered to offer Netchex’s 360 401(k) integrations to Payroll Integrations’ network of 401(k) providers.

Through Payroll Integrations, Netchex will connect to more than 90 recordkeepers. The integration is intended to allow more businesses, brokers and advisers to use Netchex’s payroll connectivity services.

SEI, Carlyle Partner On Private Market Offerings

SEI, a financial technology, operations and asset management service provider, and global investment firm Carlyle Group announced an enhanced partnership to expand private market capabilities across wealth and retirement channels.

The partnership builds on an existing multi-year partnership between the firms. The two will collaborate on private market strategies for the defined contribution market, as well as the development of private market investment options, including model portfolios, according to the announcement.