From launching recent health plans to partnering with existing payers, more startups are moving into the medical insurance space. Listed here are six startups Becker’s has reported on since Aug. 1.
Curative introduces no-copay health plan in Texas
Startup Curative, best known for providing COVID-19 testing, is launching a health plan within the Austin, Texas, area billed as having no copay or deductible costs. The startup was launched by British entrepreneur Fred Turner in 2020.
Startup Cityblock Health expanding to Indiana to serve MDwise plan members
Cityblock Health, a Latest York City-based startup focused on providing care to low income patients, announced it’s expanding to Indiana Sept. 20, in partnership with insurer MDwise. Cityblock, founded in 2017, also operates in Connecticut, Massachusetts, Latest York, North Carolina, Washington, D.C., and Ohio. The corporate was spun-off from Google’s urban innovation group Sidewalk Labs in 2017, in line with CNBC.
Former Humana execs launch small business advantages startup
Two former Humana executives are making a recent business focused on selling health plans to employers with fewer than 50 employees, KYInno reported Sept. 20. Arrow Health, created by former Humana Director of Strategy and Growth Waleed Bahouth and former Director of Advantages Erik Anderson founded the corporate, which currently has 43 clients for 2023 advantages.
Priority Health, Homeward partner on value-based rural care
Priority Health, a Michigan nonprofit payer, is partnering with rural-healthcare-focused startup Homeward to offer at-home and mobile care. Homeward recently clinched $50 million in series B funding.
Small-business-focused startup Sana expands to recent markets
Sana, a small-business-focused payer, announced Sept. 14 it’s moving into Alabama. The startup also entered the Wisconsin small business market in August.
Cigna, Optum amongst backers of mental health platform Alma in $130M investment roun
Cigna and Optum’s enterprise funds were among the many investors backing mental health startup Alma, an organization that helps independent mental healthcare providers construct their platforms. The startup raised $130 million of series D funding, it said Aug. 30.