Health In Tech, an Insurtech platform company backed by third-party AI technology, is thrilled to announce a new strategic collaboration with Vitable and MARPAI. This collaboration aims to introduce a competitively priced self-funded health plan to the market. By utilizing the strength of Vitable’s Direct Primary Care (DPC), a health plan, and stop-loss coverage, Health In Tech seeks to offer low quotes on their eDIYBS platform, and to set an ambitious standard in affordability and efficiency.
Vitable’s enhanced primary care plan combines in-person and virtual primary care access with mental health programs, free prescription drugs, lab work, and care navigation for the entire household, all under a low monthly fee and $0 out-of-pocket cost for members. With their cost containment ability proven by numerous third-party actuarial firms and reinsurance carriers, our intention is to utilize Vitable’s DPC to provide competitively priced quotes within Health In Tech’s proprietary eDIYBS platform for networks and carriers under MARPAI’s self-funded health plan offerings. We expect Vitable’s high utilization and member satisfaction to contribute to reductions in healthcare costs.
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“This collaboration exemplifies our commitment to revolutionizing healthcare access and affordability,” said Glenn Hillyer, Chief Growth Officer at Health In Tech. “By integrating Vitable’s hybrid DPC model – with their successful track record in effectively managing primary care and urgent care claims for self-funded and level-funded plans – with MARPAI’s self-funded health plans, and the streamlined process for which Health In Tech is known for, we are working to deliver competitive value and comprehensive care to our clients.”
Vitable’s hybrid DPC model seeks to ensure seamless access to primary care and mental health services, providing members with the flexibility and convenience of both in-home and virtual visits. This approach addresses the critical need for accessible and affordable healthcare, especially for the under- and uninsured workforce.
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“We are excited to join forces with Health In Tech and MARPAI to bring our high-quality health plans at a significantly lower cost,” said Steven Baek, Head of Growth at Vitable. “Our commitment is to enhance member satisfaction and utilization while driving down healthcare costs.”
“We are excited to announce our collaboration with both Health In Tech and Vitable, two leaders in the employee benefits space,” said Ben Utz, Vice President of Strategic Accounts at Marpai. “Together, we hope to deliver smarter, seamless healthcare experiences that prioritize employee well-being, improve access to personalized care, and drive meaningful results for organizations.”
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Source – PR Newswire
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