May 15, 2019
Industry disruption by digital players is a major threat to the health insurance industry, but insurers themselves seem to be more dazzled by the oncoming glare than galvanised behind comprehensive strategies and best-practice development frameworks for digitising their businesses.
While there is a general cohesion around CRM and the customer experience, the deeper benefits of digitisation –...
August 31, 2017
GetInsured, a Mountain View, California-based company that makes web tools for easy insurance enrollment, has acquired ACAExpress (and its sister brand Benefit Geek) which work with insurance brokers to facilitate enrollments under the Affordable Care Act. The terms of the deal were not disclosed.
"ACAExpress has proven technology with astounding traction in the marketplace,” Chini Krishnan,...
August 22, 2017
Stride Health, a company that provides benefits for independent workers, has raised $23.5 million in a Series B financing round led by F-Prime Capital Partners, with participation from existing investors Venrock and New Enterprise Associates -- as well as new investors, including Portag3 Ventures.
The additional capital will fuel the expansion of Stride Health’s benefits offerings, with an eye...
August 24, 2016
Private health insurance company Oscar, which caught on quickly with individuals due to its tech-savvy image and simplified online offerings, has pulled out of two markets. As of this week, the firm will no longer offer individual market plans through the Affordable Care Act in Dallas-Fort Worth, Texas and in New Jersey beginning January 1, 2017.
Citing “uncertainties in those two markets” that...
July 15, 2016
As we do every quarter, MobiHealthNews has rounded up our Q2 2016 coverage into a handful of longform stories. This section is on payer-related digital health news.
CMS and other government payer-related digital health news from Q2
The Center for Medicaid Services announced a new expanded initiative for bringing value-based repayment to primary care. The Comprehensive Primary Care Plus (CPC+)...
April 14, 2016
As we do every quarter, MobiHealthNews has rounded up our Q1 2016 coverage into a handful of longform stories. This section is on payer-related digital health news. Skip ahead using these links to read Q1 roundups focused on providers, pharma, M&A and funding.
HS Secretary Sylvia Burwell announced at the tail end of the quarter that Medicare will cover the Diabetes Prevention...
January 20, 2016
Oscar is raising another round of at least $150 million that could raise its valuation to $3 billion, according to a report over at Fortune. Fidelity is the lead investor, Fortune is reporting.
A digital-saavy upstart health insurer, Oscar has already raised $365 million, including a $32.5 million investment from Google Capital last fall and a $145 million round last spring from Peter Thiel and...
April 20, 2015
An Oscar-branded Misfit Flash device.
New York City-based health insurance startup Oscar raised $145 million in a round led by Peter Thiel and Brian Singerman from Founders Fund. Other contributors to the round include new investors Li Ka-shing of Horizons Ventures, the Wellington Management Company and Goldman Sachs, in addition to all existing investors, a group that includes Box Group, ...
April 8, 2015
A program is coming to the United States that will allow life insurance customers to get a discount on their payments in exchange for sharing health and wellness data with their insurer. A story in today's New York Times describes a new service soon to be offered by John Hancock Insurance via a partnership with The Vitality Group, a US subsidiary of South Africa’s Discovery Health, which has been...
March 9, 2015
A J.D. Power survey on health plan satisfaction finds that mobile apps are a significant role player in helping health plans increase their member satisfaction, which overall has gone up since last year.
The survey was given to more than 30,000 people spread out across 134 health plans across the United States. They calculated satisfaction on a 1,000 point scale, taking into account coverage and...