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MMC Marsh and McLennan Companies Inc

223.80
-0.08 (-0.04%)
27 Sep 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Marsh and McLennan Companies Inc NYSE:MMC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -0.04% 223.80 225.33 222.0825 222.79 1,986,234 01:00:00

Jiff and Mercer Launch New Product Health Pathfinder by Mercer

01/09/2015 5:01pm

Business Wire


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Health Pathfinder by Mercer, a Personalized Health Benefits Platform, Kicks off Strategic Collaboration between Jiff and Mercer to Help Employers Cultivate Healthier Workforces

Today Jiff, the rapidly-growing enterprise health benefits platform, and Mercer, global consulting leader in advancing health, wealth and careers, announced a strategic collaboration and launched a co-developed, personalized health benefits platform. Health Pathfinder by Mercer enables employers to leverage the latest health management solutions to cut healthcare costs and cultivate healthier and more engaged employees.

"The days of one-size-fits-all health benefits are over. With more and more innovative health solutions available today – from transparency to telehealth – employers are realizing that they get the most out of their health benefits programs when they become stewards for employees, helping them navigate a complex set of benefits,” said Derek Newell, CEO of Jiff. “Jiff and Mercer have teamed up to change the health benefits landscape by facilitating personalized benefits to help employees reach their health goals and in doing so reducing costs for employers.”

“While there has been an explosion of health and well-being solutions in the past five years, employers are left wondering how to manage it all,” said Mercer Total Health Management Solutions Leader Cheryl Mealey. “By teaming up with Jiff, Mercer can enable clients to integrate their preferred benefit solutions, personalize workforce programs and incentives, motivate employees to engage with the solutions, and measure what works.”

Health Pathfinder by Mercer will use engaging design, personalized health assessments, and an easy-to-navigate user experience to drive utilization of the right healthcare services, to the right people, at the right time.

Utilizing a range of custom-designed health applications, including Mercer-specific plug-in products and content, Health Pathfinder by Mercer will provide instant feedback and rewards to employees who use the system. These individualized incentives will motivate employees through a smart, points-based rewards system. The product will encourage actions that help employees utilize their healthcare benefits – and reduce their employers’ healthcare costs.

This new relationship with Mercer comes during a year of expansion for Jiff – in product, workforce, funding, and client base. Boosted by a $23.3 million Series C funding round last month, the company has more than doubled its workforce in 2015. Additionally, Jiff’s customer base has grown by 500 percent and the number of employees served by Jiff’s platform has increased ten-fold during that period.

To learn more, please visit www.jiff.com/mercer.

About Jiff

Jiff is on a mission to help companies lower healthcare costs and cultivate happier, healthier employees. Jiff’s enterprise benefit platform integrates all the vendors employers already have in place, and lets them choose from over 50 pre-integrated services. By delivering personalized incentives, real-time data analytics, and a beautifully designed experience, Jiff targets individual employee cost drivers and increases utilization of those services proven to save money. Based in Mountain View, Jiff is led by veteran healthcare and technology leaders and serves some of the largest employers in the world. Smart benefits; brilliant design.

About Mercer

Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and human capital. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a global leader in management consulting. For more information, visit www.mercer.com. Follow Mercer on Twitter @Mercer.

JiffCourtney Lamie, 202-792-7200Media@jiff.comorMercerBruce Lee, 212-345-7291bruce.lee@mercer.com

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