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UMB Healthcare Services Announces Agreement to Acquire HSA Business from Old National Bank

Retrieved on:

Monday, June 27, 2022

Our strategic focus continues to be on growth in the direct-to-employer space, UMB Director of Healthcare Services Phil Mason said.

Key Points:

Our strategic focus continues to be on growth in the direct-to-employer space, UMB Director of Healthcare Services Phil Mason said.
Old National Bancorp, one of the largest bank holding companies headquartered in the Midwest, has offered direct-to-employer HSAs since 2004.
We are thrilled to partner with an organization like UMB Healthcare Services that is strongly committed to investing in the HSA space and exceeding the expectations of clients, said Old National President and COO Mark Sander.
Upon closing, the nine-person Old National team will transition to UMB Healthcare Services, adding meaningful expertise while also providing uninterrupted service to existing customers.

vWise Unveils New Brand Identity to Showcase Expanded Technology

Retrieved on:

Tuesday, June 21, 2022

Solution, Education, UX, Technology, UI, DXP, IRA, Adoption, Automation, IRAS, HSAS, Organization, Public relations, Financial adviser

ALISO VIEJO, Calif., June 21, 2022 /PRNewswire/ -- vWise, a leading provider of technology solutions for the retirement industry, announces a new brand identity to align with the recent expansion of its platform. The new brand identity reflects the evolution of the platform and the company's mission to empower financial services organizations to leverage technology and hyper-personalization to drive adoption of financial products, increase employee engagement and improve investor outcomes.

Key Points:

ALISO VIEJO, Calif., June 21, 2022 /PRNewswire/ -- vWise, a leading provider of technology solutions for the retirement industry, announces a new brand identity to align with the recent expansion of its platform.
The new brand identity reflects the evolution of the platform and the company's mission to empower financial services organizations to leverage technology and hyper-personalization to drive adoption of financial products, increase employee engagement and improve investor outcomes.
To reflect this next evolution of vWise's technology and mission, the company launched a new logo, tagline, brand identity and website.
We've greatly expanded our technology over the last two years and are excited and proud to offer leading-edge data capabilities and solutions."

aequum LLC Advises Annual Enrollment Should Start Now: Be Proactive…as Passive Enrollment is so Passé

Retrieved on:

Wednesday, June 15, 2022

Employers who offer a choice of coverage options may be able to improve associate engagement by replacing a passive enrollment approach with an active enrollment strategy.

Key Points:

Employers who offer a choice of coverage options may be able to improve associate engagement by replacing a passive enrollment approach with an active enrollment strategy.
Jack Towarnicky, member of aequum, says, One of my benefits planning colleagues often noted that people are inert.
Experiments in health plan enrollments show a great disparity in health coverage choices between new hires and existing workers.
Towarnicky continues: It is a critical time to reconsider passive enrollment methods and take a proactive strategy.

Pontera and RFG Advisory Announce Partnership to Help Advisors Manage Clients’ Retirement Assets

Retrieved on:

Thursday, June 9, 2022

We are excited to partner with RFG Advisory to support their mission to provide a higher level of personal service to clients by enabling their advisors to securely manage and trade clients retirement accounts.

Key Points:

We are excited to partner with RFG Advisory to support their mission to provide a higher level of personal service to clients by enabling their advisors to securely manage and trade clients retirement accounts.
Because retirement assets are held off of their financial advisors custody platform, or held away, managing them has been challenging historically, limiting the ability of financial advisors to give clients the help they need.
Our partnership with Pontera will enable RFG advisors to securely manage clients retirement accounts as part of a holistic and comprehensive wealth management plan.
Advisory services are only offered to clients or prospective clients where RFG Advisory and its representatives are properly licensed or exempt from licensure.

Health-E Commerce achieves HITRUST Certification underscoring commitment to meet and exceed industry information security and compliance requirements

Retrieved on:

Wednesday, June 8, 2022

Achievement, HSAS, Currency strap, Organization, HITRUST, Risk, Certification, Nib Health Funds, Children's Health Fund, Commerce, Online shopping, Audit

NEW YORK, June 8, 2022 /PRNewswire-PRWeb/ -- Health-E Commerce, parent brand to online marketplaces FSAstore.com and HSAstore.com, which are dedicated to simplifying tax-free healthcare accounts for more than 70 million Americans, announced today that it has earned the HITRUST Risk-based, 2-year Certification status for information security. This certification confirms Health-E Commerce's commitment to protecting sensitive consumer information.

Key Points:

HITRUST's Risk-based, 2-year Certified status demonstrates that Health-E Commerce has met key regulations and industry-defined requirements and is appropriately managing risk.
This achievement places Health-E Commerce in an elite group of organizations worldwide that have earned this certification.
"We are proud to demonstrate to our customers that we abide by the highest standards for data protection and information security by achieving HITRUST Certification."
"The fact that Health-E Commerce has achieved HITRUST Risk-based, 2-year Certification attests to the high quality of their information risk management and compliance program."

Millennium Trust Company Completes Acquisition of PayFlex®

Retrieved on:

Wednesday, June 1, 2022

Millennium Trust Company, LLC, a leading provider of retirement, workplace, and custody services for employers, institutions, advisors, and individuals, today completed the previously announced acquisition of PayFlex Holdings, Inc. , a provider of Health Savings Accounts (HSAs) and other consumer-directed benefits solutions, from CVS Health.

Key Points:

Millennium Trust Company, LLC, a leading provider of retirement, workplace, and custody services for employers, institutions, advisors, and individuals, today completed the previously announced acquisition of PayFlex Holdings, Inc. , a provider of Health Savings Accounts (HSAs) and other consumer-directed benefits solutions, from CVS Health.
The acquisition of PayFlex greatly expands the breadth of services and solutions available for our combined clients, including employers, institutions, and individuals, said Gary Anetsberger, CEO of Millennium Trust.
As part of the transaction, Millennium Trust, through PayFlex, has entered into a long-term commercial agreement with Aetna, a CVS Health company, pursuant to which PayFlex will remain, under Millennium Trusts ownership, Aetnas preferred partner for offering and delivering certain HSAs, Flexible Spending Accounts (FSAs), and other consumer-directed benefits to Aetnas healthcare plan clients.
The acquisition increases Millennium Trusts reach to over 60,000 employer plan sponsors and approximately five million individuals, representing $47 billion in total assets under administration.

Health-E Commerce simplifies tax-free healthcare accounts with launch of interactive eligibility lists

Retrieved on:

Wednesday, June 1, 2022

HSAS, Currency strap, CEO, Prenatal care, HSA, Health, Nib Health Funds, FSA, Glasses, Children's Health Fund, Chronic pain, Education, Commerce, Health insurance, Online shopping

NEW YORK, June 1, 2022 /PRNewswire-PRWeb/ -- More than 70 million Americans are enrolled in flexible spending accounts (FSAs) and health savings accounts (HSAs), which help them pay for everyday and unexpected healthcare expenses, or save for future expenses. However, account holders often struggle to understand how they can spend these tax-free funds. Health-E Commerce, parent brand to FSAstore.com and HSAstore.com, has long been considered a leader in FSA and HSA education and its eligibility lists are the go-to source for employers, consumers, and industry organizations alike. Today, Health-E Commerce raised the bar for helping consumers understand how to use their FSA and HSA accounts by launching enhanced, interactive FSA and HSA eligibility lists.

Key Points:

Today, Health-E Commerce raised the bar for helping consumers understand how to use their FSA and HSA accounts by launching enhanced, interactive FSA and HSA eligibility lists.
Our new eligibility lists support the journey to smart healthcare spending by making it easy for consumers to use their funds for everyday or once-in-a-lifetime healthcare needs," said Farrington.
Since 2010, the Health-E Commerce brands have led the direct-to-consumer e-commerce market for exclusively pre-tax health and wellness benefits.
Health-E Commerce plays an essential role in expanding product eligibility for important new categories within the list of eligible medical expenses.

First Dollar Appoints Geoffery Scott as Vice President of Risk and Compliance

Retrieved on:

Thursday, May 26, 2022

AUSTIN, Texas, May 26, 2022 /PRNewswire-PRWeb/ -- First Dollar, the health wallet for modern, member-first plans, announced today that it appointed Geoffrey Scott to the position of Vice President of Risk and Compliance. His responsibilities include developing a full-scope enterprise risk management program and owning all consumer compliance, fraud, ERM, and AML functions.

Key Points:

AUSTIN, Texas, May 26, 2022 /PRNewswire-PRWeb/ -- First Dollar , the health wallet for modern, member-first plans, announced today that it appointed Geoffrey Scott to the position of Vice President of Risk and Compliance.
His responsibilities include developing a full-scope enterprise risk management program and owning all consumer compliance, fraud, ERM, and AML functions.
Scott joins First Dollar with thirteen years of banking compliance experience at companies like Discover Financial Services, Goldman Sachs, and the Federal Reserve Bank of Chicago.
Before joining First Dollar, he was Vice President, Head of Oxygen Wealth at Oxygen .

Wealthcare Adds Partnership with Pontera to its Platform

Retrieved on:

Thursday, May 26, 2022

Knowledge, Multimedia, Goal, HSAS, Industry, Retirement, Partnership, RIA, NewSpring Church, Informa, Technology, EDGE, Growth, RIAS, Company, Financial adviser, Financial services, American Health Care Act of 2017, Comfort zone (disambiguation)

WEST CHESTER, Pa., May 26, 2022 /PRNewswire/ -- Wealthcare , a technology enabled RIA that supports independent financial advisors, and a NewSpring Holding platform company, today announced a new partnership for its GDX360wealth management platform.

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WEST CHESTER, Pa., May 26, 2022 /PRNewswire/ -- Wealthcare , a technology enabled RIA that supports independent financial advisors, and a NewSpring Holding platform company, today announced a new partnership for its GDX360wealth management platform.
Through this partnership, Wealthcare strengthens its commitment to offering its advisors the industry-leading resources they need to scale their business, create enterprise value, and improve client outcomes.
Pontera (formerly FeeX) provides the critical link to enable advisors to manage and trade 401(k) and other retirement accounts.
Wealthcare is comprised of two RIAs, Wealthcare Advisory Partners LLC and Wealthcare Capital Management LLC.

STDcheck.com Data Reveals Genital Herpes Rate Rose Average Of 56% In Super Bowl-Hosted Cities Last 3 Years

Retrieved on:

Wednesday, May 25, 2022

Research from STDcheck.com reveals that genital herpes rose an average of 56% year-over-year in the metro areas that hosted the NFL's biggest game the last three years.

Key Points:

Research from STDcheck.com reveals that genital herpes rose an average of 56% year-over-year in the metro areas that hosted the NFL's biggest game the last three years.
The last three Super Bowls were held in Miami, Florida in 2020; Tampa, Florida in 2021; and Los Angeles, California in 2022.
Data shows that after Miami hosted the Super Bowl in 2020, the genital herpes rate rose by an astounding 101.54% year-over-year.
This past year in Los Angeles, the genital herpes rate rose 16.82% year-over-year.