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Lynx wants your health benefits to survive the checkout
A healthcare allowance is only useful if you can actually spend it. Lynx connects accounts, payment cards and shopping behind the scenes, giving health plans and benefits administrators a way to make that promise work.
Remodel Health’s $100 Million Bet: Make Employees Shop for Insurance - Without Leaving Them Alone
Employers get a ceiling on health-benefit costs. Workers get a market full of choices - and a licensed human to call. Remodel Health raised more than $100 million on the belief that this awkward trade can become mainstream infrastructure.
Oscar Health
Oscar Health began with a friendly app and an unfriendly problem: American health insurance. Fourteen years later, its bigger bet is that the individual market can become the operating system for how people buy care.
Vitable Health
Vitable Health is a Philadelphia-based health benefits company that gives hourly and blue-collar workers affordable access to primary care. Founded in 2020 by Joseph Kitonga, it pairs virtual and in-person direct primary care - visits, over 1,000 free prescriptions, common lab tests, mental health support and care navigation - with an integrated ICHRA platform, so small and mid-sized employers can offer real coverage to workers who typically fall between Medicaid eligibility and pricey commercial insurance. Employers pay roughly $30 per employee per month, and the company says it has made more than 100,000 lives eligible for care.
HealthSherpa
HealthSherpa is the largest private enrollment platform for Affordable Care Act (ACA) health insurance in the United States. Born in 2013 as a faster, cleaner alternative to a glitchy HealthCare.gov, it now helps millions of Americans shop, compare, and enroll in subsidized marketplace plans in about seven minutes, while giving tens of thousands of agents and brokers free tools to manage their books of business. The company runs a federally approved Enhanced Direct Enrollment (EDE) platform used by consumers, insurance carriers, and agencies alike.
Thatch
Thatch is a San Francisco health benefits platform that lets employers give workers a tax-free monthly healthcare budget instead of a one-size-fits-all group plan. Employees shop a marketplace for their own medical, dental and vision coverage, then spend any leftover budget on care through a Thatch debit card. Built around ICHRA - a 2020-era IRS rule - the company aims to unbundle health insurance from a single employer plan and hand the choice back to individuals. Since launching in 2023 it has served more than 1,000 businesses and raised about $84.5 million across seed, Series A and Series B rounds.
Zorro
Zorro is an AI-powered ICHRA platform that swaps rigid group health plans for a defined-contribution model - think 401(k), but for health insurance. Employers set a budget, employees get a personal allowance, and Zorro's decision-support engine helps each person pick an individual plan that actually fits their doctors, medications, and wallet. The platform serves employers, employees, and the brokers who sell to them, and clients have averaged over 20% premium savings versus traditional group coverage.