HealthEquity announces launch of HealthEquity Assist suite of tools

HealthEquity (HQY) announced the launch of HealthEquity Assist, a suite of tools that help members save, spend, and invest for healthcare. By using HealthEquity Assist, employers are enabled with greater visibility into their benefits program performance and can drive positive financial and health actions to support their workforce. The smart technology offering was developed to alleviate common employee pain points with their benefits – including rising healthcare costs, which are expected to increase by 9% in 20251, a complex and fragmented benefits landscape that is difficult to navigate, and limited resources available to support benefit education and personalized insights. The three initial HealthEquity Assist offerings integrate quickly into existing company platforms, processes, and workflows. The offerings include: HealthEquity Analyzer – as the analytical foundation of HealthEquity Assist, Analyzer helps employers gain near real-time access to data on inefficiencies, trends, and benefit program design insights. Free of charge and immediately available to HealthEquity clients, this on-demand data allows employers to evaluate performance, mark cost trends, and make smarter decisions. HealthEquity Navigator- simplifies healthcare spending decisions for employees. Navigator provides informed and lower-cost healthcare choices by offering guidance on provider selection, care options, and savings opportunities. Through a partnership with TALON, tools like MyMedicalShopper and MyMedicalRewards offer price transparency and support to employers looking to reward high-quality, affordable care options. HealthEquity Momentum – empowers employees and employers to be proactive in health and healthcare expense planning. Upon launch, the Momentum platform will drive increased employee engagement with existing benefits programs, nudging healthy behaviors and financial decisions with personalized rewards.