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Ideon Expands ICHRA Enrollment Solution with Payment Automation from Ambient

Posted on by Ideon

NEW YORK, NY — April 16, 2025 — Ideon, the leader in data management and connectivity solutions for the health and benefits industry, today announced a strategic partnership with Ambient, the ICHRA payments and administration unit of Priority Technology Holdings, Inc. The partnership combines Ideon’s advanced enrollment technology with Ambient’s payment and administration solution, providing health insurance carriers and ICHRA administrators a unified, automated solution for managing ICHRA enrollment and payment data.

As the Individual Coverage Health Reimbursement Arrangement (ICHRA) market rapidly expands, carriers and ICHRA administrators face increasing complexity around enrollment integrations and premium payments. This partnership addresses these challenges by providing a consistent, scalable method for exchanging critical enrollment and payment data, resulting in fast, accurate processing and an improved employee experience.

“Our partnership with Ambient allows carriers and ICHRA platforms to rapidly scale their ICHRA business while enhancing the overall experience,” said Steve Swad, CEO of Ideon. “We’re now delivering an end-to-end ICHRA solution—from initial quoting through premium payments—that removes complexity for carriers, administrators, employers, and employees.”

IdeonEnroll for ICHRA builds upon Ideon’s proven success automating group benefit enrollments, extending these capabilities to the individual market. The solution significantly reduces integration costs, errors, and processing time, and offers greater visibility into ICHRA enrollments.

Ambient streamlines the ICHRA premium payment process—precisely deducting premiums from employer accounts, allocating funds for each employee, and distributing payments to carriers.

“Ambient simplifies premium payments and administration, empowering carriers and ICHRA administrators to scale efficiently,” said Jim Mrowka, Chief Operating Officer of Priority’s Ambient unit. “In partnership with Ideon, we’re delivering a comprehensive solution that transforms the entire ICHRA experience.”

This partnership further expands Ideon’s suite of ICHRA solutions. Combining IdeonQuote, IdeonSelect, and IdeonEnroll with Ambient’s payment product, Ideon provides the data and connectivity required to power ICHRA plan shopping, decision support, enrollment, and payments. Using this infrastructure, carriers and platforms can enter the ICHRA market faster with accurate data and pre-built integrations.

For more information, visit ideonapi.com/ichra-solutions.

About Ideon

Ideon provides modern data management and connectivity solutions to advance the health and benefits industry. Ideon’s centralized, API-powered solutions enable real-time, reliable data sharing from quote to renewal. With Ideon, insurance carriers and technology platforms benefit from streamlined operations and accurate data, which ultimately improves the consumer experience, drives more revenue, enables smarter decisions, and increases timely access to care. To learn more, visit ideonapi.com.

About Priority and Ambient

Priority is the payments and banking solution that enables businesses to collect, store, lend and send funds through a unified commerce engine. Our platform combines payables, merchant services, and banking and treasury solutions so leaders can streamline financial operations efficiently — and our innovative industry experts help businesses navigate and build momentum on the path to growth. With the Priority Commerce Engine, leaders can accelerate cash flow, optimize working capital, reduce unnecessary costs, and unlock new revenue opportunities. To learn more about Priority and its publicly traded parent, Priority Technology Holdings, Inc. (NASDAQ: PRTH), visit prioritycommerce.com.

Ambient, a dedicated unit within Priority, specializes in automating payments and administration for ICHRA plans, easing operational burdens for brokers, TPAs, and carriers. Learn more at ambienttpa.com.

Phil Carollo and Jamie Rockfeld join Ideon executive team

Posted on by Ideon

Health and benefits technology leaders to accelerate Ideon’s growth

 

NEW YORK — January 16, 2025 — Ideon, the leader in data management and connectivity solutions for the health and benefits industry, today announced two key additions to its executive team. Phil Carollo has been named Chief Growth Officer, and Jamie Rockfeld joins as Executive Vice President of Sales. 

Carollo and Rockfeld bring decades of industry expertise and sales leadership experience, positioning Ideon for its next phase of growth as it continues to modernize how carriers and benefits platforms connect, exchange, and manage critical data. 

Carollo spent 25 years at PlanSource, a leading benefits administration platform, where he served as Chief Operating Officer, EVP of Sales, and most recently, President of Sales, scaling the company into the industry leader it is today. Rockfeld, also from PlanSource, was instrumental in growing its reseller channel and was most recently VP of Reseller Sales. 

“I have seen firsthand the complexity and inefficiency that organizations face when managing benefits data,” said Carollo. “Ideon’s technology solves these challenges for its customers, empowering them to grow and scale efficiently. I’m thrilled to join a team that is bringing immense value to customers and helping to modernize the industry.” 

“I’m excited to join Ideon and help its customers eliminate data problems that have long plagued carriers and platforms, allowing them to focus on what matters most—delivering value to brokers, employers, and employees,” Rockfeld said. 

These hires come at a time of rapid growth across all three of Ideon’s main product lines: IdeonQuote, IdeonSelect, and IdeonEnroll. In 2024, the company launched IdeonEOI, secured partnerships with industry leaders like Prudential, and strengthened its position as the data solutions leader in the $1T+ health and benefits industry. 

About Ideon
Ideon provides modern data management and connectivity solutions to advance the health and benefits industry. Ideon’s centralized, API-powered solutions enable real-time, reliable data sharing from quote to renewal. With Ideon, insurance carriers and technology platforms benefit from streamlined operations and accurate data, which ultimately improves the consumer experience, drives more revenue, enables smarter decisions, and increases timely access to care. 

Headquartered in New York City, Ideon partners with more than 300 insurance carriers and 100 InsurTech companies to improve operational efficiencies and customer experience across the $1T+ insurance industry. To learn more, visit ideonapi.com. 

Prudential collaborates with Ideon for technology that will help simplify the workplace benefits experience

Posted on by Ideon

NEWARK, N.J. – Prudential Financial, Inc. (NYSE: PRU) announced today that its Group Insurance business has collaborated with Ideon, a leader in data exchange and connectivity solutions, to deliver unique technology solutions for benefits eligibility and enrollment processes for workplace clients and their employees.

As employers expand their benefits offerings to attract and retain top talent, the need for fast, safe and efficient benefits administration has never been greater, with high expectations around data exchange between providers, employers and the benefit administration systems they use. Through this strategic relationship with Ideon, Prudential aims to improve the accuracy of enrollment data, help reduce the administrative workload for human resources teams, and seek new and innovative ways to ensure accurate enrollment and eligibility data. The collaboration will also allow Prudential to expand integrations with certain benefit administration systems where connectivity is limited today.

“We are committed to providing a superior experience for our clients and their employees,” said Jess Gillespie, head of product and underwriting for Prudential Group Insurance. “Enhancing Prudential’s digital connectivity makes it faster and easier for groups, and their employees, to enroll in workplace benefits.”

The initial phase of the collaboration focuses on expediting the data exchange process that impacts the onboarding process, including enrollment and eligibility information.

“This relationship signifies a major step forward for Ideon and Prudential,” said Steve Swad, CEO of Ideon. “Our data solutions will enable Prudential to deliver a fast, seamless, and accurate benefits enrollment and administration experience. We are excited to support Prudential in enhancing their platform ecosystem.”

For more information, visit Prudential Group Insurance or Ideon.

About Prudential
Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.6 trillion in assets under management as of Sept. 30, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise, and innovation for nearly 150 years. For more information, please visit news.prudential.com.

About Prudential Group Insurance
Prudential Group Insurance manufactures and distributes a full range of group life, long-term and short-term disability and corporate and trust-owned life insurance in the U.S. to institutional clients primarily for use within employee and membership benefit plans. The business also sells critical illness, accidental death and dismemberment and other ancillary coverages. In addition, the business provides plan administrative services in connection with its insurance coverages, and administrative services for employee paid and unpaid leave, including FMLA, ADA, and PFL.

About Ideon
Ideon’s data solutions allow health insurance carriers and employee benefits providers to connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon serves as the infrastructure simplifying the exchange of quoting, provider, and enrollment data between carriers and the technology partners, so they can deliver health and employee benefits to hundreds of millions of Americans every day. Ideon transmits billions of data points between insurtechs and insurance carriers, powering an amazing benefits experience for all. To learn more, please visit ideonapi.com.

Healthee Partners with Ideon to Transform Employee Health Benefits with Enhanced Provider Search Experience

Posted on by Ideon

Healthee and Ideon have partnered to reshape employee health benefits. By integrating Ideon’s provider data API with Healthee’s AI-powered platform, this collaboration enhances efficiency and real-time access to healthcare provider information.

New York, NY, August 5, 2024 — Healthee, a leading innovator in employee health benefits solutions, is excited to announce its strategic partnership with Ideon, the leader in data solutions for the health insurance and benefits industry. This collaboration is set to transform the way employees navigate their healthcare needs, delivering unparalleled efficiency and streamlined provider search capabilities. 

At the core of Healthee’s offerings is its AI-powered platform, designed to simplify healthcare management for employees. By integrating Ideon’s cutting-edge API technology, Healthee will further enhance its ability to provide real-time, personalized health benefits information. This partnership will enable employees to make informed decisions about their healthcare needs with unprecedented ease.

“We are excited to join forces with Ideon to bring a more integrated and seamless experience to our users,” said Ron Zionpour, VP of R&D of Healthee. “Our commitment has always been to provide users with the most accurate and up-to-date data sourced from multiple highly trusted providers. By leveraging Ideon’s API platform, we can enhance our ability to deliver robust, real-time health benefits information, making healthcare navigation and provider discovery more efficient and less time-consuming.”

Ideon is renowned for empowering digital health and healthcare navigation platforms with the industry’s most accurate data on providers and network participation. By partnering with Ideon, Healthee can provide employees with instant access to up-to-date information on their health plans, network providers, and cost estimates for medical procedures. This integration will significantly reduce the administrative burden on HR teams and improve overall employee satisfaction with their health benefits.

“We are excited to partner with Healthee, a leader in healthcare and benefits innovation,” said Steve Swad, CEO of Ideon. “Our combined technologies will streamline the care navigation experience for employees, providing them with real-time, accurate data and insights that are crucial for making informed provider decisions.” 

Through this partnership, Healthee will introduce several new features powered by Ideon’s API technology, including enhancements to the provider search experience with real-time access to robust data sets and healthcare provider information. These features will help employees better navigate their healthcare journey, optimize their provider selections, and ultimately lead to improved health outcomes and cost savings.

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon serves as the infrastructure simplifying the exchange of quoting, provider, and enrollment data between carriers and the technology partners, so they can deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon transmits billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. To learn more, please visit: www.ideonapi.com.

About Healthee

Healthee, a pioneering health tech company, is dedicated to reshaping the way employees interact with their healthcare. Harnessing the dynamic fusion of innovation and cutting-edge AI technology, Healthee strives to empower individuals in making informed decisions about their well-being, ultimately enhancing care outcomes and reducing overhead for all parties. For additional details, please visit Healthee.co or connect with us on Twitter, Facebook, LinkedIn, Instagram, and Youtube.

Ideon Names Benefits and Technology Leader Steve Swad as CEO

Posted on by Ideon

Co-founder Dan Langevin promoted to President and Chief Technology Officer

NEW YORK — Ideon, the leader in data and connectivity solutions for carriers and benefits technology platforms, today announced Steve Swad as its new Chief Executive Officer, effective immediately. In a complementary move, Ideon co-founder Dan Langevin has been promoted to President and CTO.

Swad brings decades of C-level leadership experience from the employee benefits industry and various high-profile technology and media companies. Previously, Swad led Benefitfocus, a top benefits administration platform, as its CEO before its acquisition by Voya Financial. Swad’s impressive career also includes roles as CEO of Rosetta Stone, COO of Apptopia, and CFO positions at Vox Media, Comverse Technology, and AOL.

Langevin, co-founder of Ideon and its CTO since 2014, has played a pivotal role in shaping the company’s technology and advancing its business. He has emerged as a prominent figure and innovator in the benefits sector, with a focus on API development and bringing modern efficiency and automation to the industry. His appointment as President and CTO reflects his vital contributions to Ideon’s technology and his influence on the company’s broader vision.

“I’m thrilled to join Ideon due to the company’s innovative products, exceptional leadership team, and the significant opportunity we have helping the benefits industry modernize its technology,” Swad said. “Ideon stands out for its potential to transform benefits data exchange, unite this intricate ecosystem of stakeholders, and enhance the benefits experience for millions of people. Also, I’m excited to partner with Dan, whose expertise and vision have been instrumental to Ideon’s journey and the industry at large.”

“I’m deeply honored by this new role and excited for Ideon’s future,” said Langevin. “Working alongside Steve, I’m confident we’ll lead Ideon to even greater success. Our shared vision and complementary skills will unlock new opportunities and deliver unprecedented value to our customers.”

These leadership updates mark a significant milestone for Ideon as it continues to revolutionize how carriers and benefits technology platforms connect and exchange data. Over the past year, in addition to broadening its product suite, Ideon has secured contracts with new partners and grown relationships with industry leaders including Guardian, Pacific Life, Beam, Rippling, BambooHR, HealthJoy, Gusto, and Connecture. Under the strengthened leadership structure, Ideon is poised to accelerate its progress and expand its impact on modernizing the health and benefits industry.

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. To learn more, please visit: www.ideonapi.com.

Ideon-LIMRA Report: Only 8% of Benefits Carriers Use APIs for Most External Connectivity

Posted on by Ideon

NEW YORK–(BUSINESS WIRE)–When it comes to API adoption, the employee benefits industry is maturing, albeit slowly, according to a new study from LIMRA and Ideon. The 2023 Employee Benefits API Maturity Report surveyed 25 leading workplace benefits carriers to assess the industry’s current API adoption, how close it is to real-time connectivity, and where leading opportunities exist for innovation.

The industry-first benchmark of medical, ancillary, and voluntary benefits carriers provided an API maturity score that measures the depth of carriers’ technological integration, evaluating factors like real-time data processing, API connectivity with external partners, and the degree of automation in their systems and data exchange procedures.

Specifically, carriers’ API maturity was ranked at five levels: nascent, developing, maturing, advanced and leading. Overall, the majority of carriers (56%) are “maturing,” with twice as many “developing” (24%) than “advanced” (12%). Additionally, although a vast majority of carriers (76%) report having API-enabled external connectivity, the actual utilization of APIs for their transactions remains extremely limited: only 8% of respondents said APIs are used for most or all of their external connectivity. This highlights a significant opportunity for the industry: embracing full-scale API utilization would lead to faster, superior member experiences and more efficient operations for carriers and 3rd-party platforms.

“These report findings underscore what we see every day: Most carriers are embracing the API revolution, but there’s still a vast untapped potential to meet the rising digital expectations of members, employers and brokers,” said Michael W. Levin, co-founder and CEO of Ideon. “The fact is, broad API utilization is, and will continue to be, a must-have for carriers seeking to win and retain business. The opportunities are there, and this survey pinpoints where carriers will get the biggest return on their API investments.”

Key findings include:

  • The gap between API development vs. adoption remains large: While 76% of carriers have some degree of API-enabled external connectivity, only 8% of respondents use APIs for most or all external connections.
  • Real-time data processing is limited: Although 48% have real-time data exchange capabilities, only 16% said most or all transactions are processed in real time.
  • EDI remains the dominant method for transmitting enrollment data: 88% of carriers use EDI, vs. 60% of carriers that use APIs to send and receive enrollment information. The overlap indicates that most carriers employ multiple methods, including some that still use paper and spreadsheets.
  • Digital enrollment presents a sizable opportunity: 32% of carriers do not offer the ability to digitally manage enrollment and change events.

To read the full report, please visit: https://get.ideonapi.com/ideon-limra-2023-report

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. Faster. Better. Awesomely. To learn more, please visit: www.ideonapi.com.

About LIMRA

Serving the industry since 1916, LIMRA offers industry knowledge, insights, connections, and solutions to help more than 700 financial services member organizations navigate change with confidence. Visit LIMRA at www.limra.com.

Ideon Achieves HITRUST Risk-based, 2-year Certification to Further Mitigate Risk in Third-Party Privacy, Security, and Compliance

Posted on by Ideon

HITRUST Risk-based, 2-year Certification validates Ideon is committed to meeting key regulations and protecting sensitive information

NEW YORK, January 18, 2023 – Ideon, the API platform powering digital experiences in health insurance and benefits, today announced its Enrollment & Member Management API has earned Certified status for information security by HITRUST.

HITRUST Risk-based, 2-year (r2) Certified status demonstrates that the organization’s Enrollment & Member Management API has met key regulations and industry-defined requirements and is appropriately managing risk. This achievement places Ideon in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.

“Every day, sensitive, personally identifiable employee benefits data flows through our platform and across the benefits industry ecosystem, making the security and protection of this data of the utmost importance,” said Michael W. Levin, co-founder and CEO of Ideon. “By achieving HITRUST Risk-based, 2-year Certification, Ideon is demonstrating to its customers and partners that it’s committed to meeting the highest standards of data protection and information security.”

“The HITRUST Assurance Program is the most rigorous available, consisting of a multitude of quality assurance checks, both automated and manual,” said Bimal Sheth, Executive Vice President, Standards Development & Assurance Operations, HITRUST. “The fact that Ideon has achieved HITRUST Risk-based, 2-year Certification attests to the high quality of their information risk management and compliance program.”

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. Faster. Better. Awesomely. To learn more, please visit: www.ideonapi.com.

Sun Life and Ideon Partner to Make Benefits Enrollment Faster and Easier for Employers, Employees and Brokers

Posted on by Ideon

Ideon’s API powers rapid, accurate data exchange between Sun Life and benefits administration platforms

July 27, 2022  — Ideon, the API platform powering digital experiences in health insurance and benefits, today announced that it has partnered with Sun Life to enable a seamless digital enrollment and administration experience for the group benefit provider’s ancillary offerings.

Sun Life, a leading provider of life, disability, absence management, supplemental health, and dental insurance, will use Ideon’s APIs to connect and exchange data with the growing ecosystem of HR and benefits platforms. This creates a more accurate, engaging, and automated benefits enrollment and administration experience for brokers, employers, and Sun Life members across the country.

“This partnership will enhance Sun Life’s data exchange capabilities with benefits administration platforms, making it easier for employees to enroll in and for employers to manage their Sun Life portfolio of benefits – while also improving the broker experience,” said David Healy, Senior Vice President of Group Benefits at Sun Life. “We are thrilled to work with Ideon to enhance our digital connectivity as we continue to innovate new solutions for employers.”

Amid a competitive job market, employers are expanding the scope and variety of their benefit offerings to attract and retain talent. Research by LIMRA shows that 66 percent of employers believe their employees will expect more ancillary and non-medical benefits options in the future. As the number of benefits employers offer increases, so does the administrative workload on HR teams.

Thanks to the connectivity powered by Ideon, previously manual benefits administration tasks for Sun Life’s employer clients and members are now automated. By spending less time and effort administering the growing number of benefits they offer employees, HR teams have more time to focus on other initiatives for their organizations.

“By selecting Ideon’s APIs, Sun Life is signaling its commitment to continued digital innovation that greatly benefits members, employers and brokers,” said Michael W. Levin, co-founder and CEO of Ideon. “As the adoption of voluntary benefits grows, Ideon is a valuable partner to Sun Life and other carriers, making it easier for them to capitalize on this opportunity and empowering them to deliver the best benefit experiences to their clients.”

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. Faster. Better. Awesomely. To learn more, please visit: www.ideonapi.com.

About Sun Life

Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2022, Sun Life had total assets under management of C$1.35 trillion. For more information, please visit www.sunlife.com.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.

In the United States, Sun Life is one of the largest group benefits providers, serving more than 55,000 employers in small, medium and large workplaces across the country. Sun Life’s broad portfolio of insurance products and services in the U.S. includes disability, absence management, life, dental, vision, voluntary and medical stop-loss. Sun Life and its affiliates in asset management businesses in the U.S. employ approximately 8,000 people. Group insurance policies are issued by Sun Life Assurance Company of Canada (Wellesley Hills, Mass.), except in New York, where policies are issued by Sun Life and Health Insurance Company (U.S.) (Lansing, Mich.). For more information, please visit www.sunlife.com/us.

Namely Selects Ideon to Streamline Digital Employee Benefits Enrollment

Posted on by Ideon

Ideon’s APIs enhance Namely’s best-in-class enrollment experience through real-time connectivity with health insurers and ancillary benefits carriers

Ideon, the API platform powering digital experiences in health insurance and employee benefits, announced today that Namely, the leading HR software for mid-sized businesses, has integrated with Ideon’s API. The integration enables Namely to deliver a faster, more efficient benefits administration experience to its clients, across a broad spectrum of insurers.

In order to provide employees with modern features and a smooth enrollment journey, two-way data exchange with insurance carriers is a necessity for HR and benefits platforms. Building individual point-to-point integrations with hundreds of carriers is cost-prohibitive, resource-intensive, and, ultimately, unsustainable. With Ideon, Namely gains a seamless and scalable means to connect and exchange data with multiple insurers.

“The needs of our customers are at the core of everything we do at Namely,” said Namely CEO Larry Dunivan. “Our solution was designed to easily construct APIs that expand its functionality to ensure our clients have access to high quality data, real-time connectivity, and the latest employee engagement technologies. We’re excited to partner with Ideon, a leading platform provider that shares our vision of advancing the user experience and making worktech easier.”

HR and benefits platforms leverage Ideon’s APIs to enable multi-carrier functionality throughout the user journey, including plan quoting and decision support, group setup and member enrollment, member management, and renewals. Once a platform integrates with Ideon, it gains scalable connectivity to a comprehensive network of insurance carriers, including Kaiser Permanente, Beam, Aetna, Anthem, Blue Shield of California, Cigna, Guardian, Humana, MetLife, and Principal.

Namely serves as a single system of record for mid-market companies, a segment employing more than 50 million workers in the U.S. Namely integrates payroll, benefits, talent management, and other key business functions in a modern, intuitive platform that employees and employers love to use.

“The addition of Namely to the Ideon platform further affirms that industry-leading benefits administration software companies view our fast, seamless connections with insurance carriers as paramount to delivering a better digital enrollment experience,” said Michael W. Levin, Ideon’s co-founder and CEO.

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. Faster. Better. Awesomely. To learn more, please visit: www.ideonapi.com. 

About Namely

Combining intuitive HR technology and best-in-class service, Namely empowers mid-size companies to build better workplaces. Simplifying the complexities of recruiting, onboarding, time & attendance, performance management, benefits administration, compliance, payroll, and HR analytics, Namely offers an integrated platform that saves companies time and improves their employees’ experiences. Distinguished by a dedicated support model and enhanced service offerings, Namely delivers an all-in-one HR solution for today’s people teams. Learn more at Namely.com and follow us @NamelyHR.

Vericred is Now Ideon, on a Mission to Make the Employee Benefits Industry Work Better

Posted on by Ideon

Leading API platform unveils new name, industry vision for fast, accurate data exchange between carriers and InsurTech platforms

NEW YORK, May 18, 2022  — Vericred, the API platform powering digital experiences in health insurance and employee benefits, today announced that it has changed its name to Ideon to more closely align with the company’s mission and value proposition. The new name embodies Ideon’s role as the catalyst for innovation in an industry that is rapidly transforming to fulfill the expectations of consumers for better and faster benefits experiences.

Accustomed to managing all aspects of their lives on digital apps and platforms, most consumers now compare, enroll, and manage health insurance and ancillary benefits exclusively online. However, seamless member journeys are only possible when data can flow freely between insurers and the HR and benefits platforms used by employers, employees, and brokers. Ideon’s APIs work behind the scenes to enable the seamless flow of data, empowering amazing customer experiences throughout the employee benefits ecosystem.

“It’s never been more clear that the employee benefits industry is at an inflection point, with carriers and InsurTech platforms searching for the easiest and fastest path to digital connectivity,” said Michael W. Levin, co-founder and CEO of Ideon. “As we meet this moment, we want to boldly signal to the industry that we are the catalyst for this innovation and are contributing to our customers’ growth on a large scale. Our new name, Ideon, embodies this spirit.”

Ideon was founded in 2015 by Levin and Dan Langevin, Ideon’s CTO. Today, Ideon’s API platform is used by more than 300 carriers, including MetLife, Principal, Beam, Kaiser and Guardian; and 100 HR and benefits platforms, including Rippling, Gusto, Sequoia, and GoCo.

“It’s an exciting time for Ideon as we enter this next chapter, bringing with us a new name to better reflect our role as the central point in the employee benefits ecosystem,” added Langevin. “We are truly leading the industry as it enters a new era.”

The name change comes on the heels of rapid growth for Ideon as its APIs are increasingly in demand by carriers and InsurTech platforms. In the past 12 months, Ideon doubled employee headcount encompassing its New York City headquarters, Omaha office and remote employees across the U.S. The company also expanded its executive team to double down on its commitment to product innovation and customer growth, recently hiring Chief Growth Officer Meg Collins and Vice President of Product Meghna Misra. Other notable executive hires in the last year include Vice President of Engineering Claude Correll, Senior Vice President of Carrier Sales John Emge, Vice President of Marketing Lindsay Gerspach, and Senior Vice President of Solution Delivery Kevin Thompson. 

The name Ideon is a synthesis of “idea,” and the geological term “eon,” the largest time period. Ideon represents innovation and the evolution of an industry into a new age of data exchange — powered by the company’s platform.

About Ideon

Ideon is the way health insurance carriers and employee benefits providers connect with technology partners to deliver seamless consumer experiences at every stage of the member journey. Ideon is not the websites or apps one uses to choose a plan or find a doctor. It is the infrastructure, the ‘pipes,’ that simplify the complex exchange of quoting, enrollment, and eligibility data between carriers and the technology partners so that they can, in turn, deliver health and employee benefits to hundreds of millions of Americans everyday. Ideon’s APIs transmit billions of data points between InsurTechs and insurance carriers, powering an amazing benefits experience for all. Faster. Better. Awesomely. To learn more, please visit: www.ideonapi.com.