Navera Announces Latest Education and Decision Support Modules for Cancer and Permanent Life Insurance

Solution Supports Benefits Strategies Aimed at Attracting and Retaining Top Talent


SAN FRANCISCO, CA--(Marketwired - Jul 7, 2015) - Navera, Inc., a leading provider of cloud-based benefits engagement solutions, today announced its latest Cancer and Permanent Life Insurance modules. Building on its expansive library of benefits education and decision support products, including Medical, Dental, Vision, and many others, Navera's modular approach enables employees to select the benefits options that best match their personal and financial wellness goals.

The news comes on the heels of the 13th Annual MetLife U.S. Benefit Trends survey, revealing that employees in companies offering 11 or more benefits are more loyal, more likely to recommend their company as a great place to work, and have a higher intent to stay versus those in companies offering five or fewer benefits. Navera's newest Cancer and Permanent Life Insurance modules are part of the company's strategy to deliver a wide breadth of benefits engagement solutions that align with its clients' growing benefits education needs.

"Human capital is the lifeblood of a company, so it is not surprising that employers are increasing the number of benefits they offer to remain competitive. But as benefits packages become more robust, educating employees on those benefits also becomes more complex," said Steve L. Adams, CEO of Navera. "As a result, we are seeing a significant uptick in the demand for effective self-service benefits engagement solutions. Based on the market feedback and growing demand, self-service benefits engagement solutions are no longer a nice to have, but a critical must have."

According to a recent Google study, new 'participation age' consumers actively engage with brands and decide if, when, and how they will interact. With this in mind, Navera approaches employees as consumers, and provides rich, interactive benefits education tools that go far beyond simple videos and traditional one-way communications.

"To be successful, companies need to create benefits engagement strategies, not just education strategies. While education is a core component, engagement techniques must be compelling, interactive, and personalized, and they must enable employees to take action," added Adams.

Key features of the existing Navera platform and the latest Cancer and Permanent Life modules include:

  • Tightly integrated benefits education and decision support that enables consumers to make confident, well-informed decisions while enjoying an informative and entertaining introduction to their benefits program
  • A portfolio approach that provides individual Cancer and Life insurance plan details in the context of overall healthcare and voluntary benefits needs
  • Rich animation that combines audio, visuals, and text to maximize engagement and comprehension
  • 24/7 online access to meet the demands of today's internet-savvy employees

The new Cancer and Permanent Life modules are easily configurable to support an employers' own benefit designs. In addition, Navera modules can help communicate important nuances around covered benefits, alert employees to available riders such as Wellness or Critical Illness, and explain complexities in plan designs, such as benefit amounts, benefit maximums, and waiting periods.

Availability
Navera's Cancer and Permanent Life Insurance modules are available now. Pricing is based on an annual subscription. For more information or to request a demo, go to www.navera.com.

About Navera
Backed by Emergence Capital Partners and Mohr Davidow Ventures, Navera is a leading provider of a cloud-based benefits engagement service that enables consumers to select the healthcare and voluntary benefits that most closely match their needs. Headquartered in San Francisco, Navera takes a portfolio approach to benefits enrollment and provides users with an engaging and personalized consumer experience that provides a better understanding of benefit options and how they work together to provide the most complete and cost-effective coverage. Consumers are able to make confident, well-informed decisions while enjoying an informative and entertaining enrollment process. To learn more about Navera, please visit www.navera.com.

Navera is a trademark of Navera, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.

Contact Information:

For press inquiries:
Aimee Quemuel
Codey Communications
(415) 753-9005