Health In Tech Announces Innovative Collaboration with MARPAI and Vitable DPC to Offer Competitive Quotes in Enhanced Self-Funded Solutions
Health In Tech has announced a strategic collaboration with Vitable and MARPAI to launch a competitively priced self-funded health plan. The partnership combines Vitable's Direct Primary Care (DPC) model with MARPAI's self-funded health plans, integrated through Health In Tech's eDIYBS platform.
Vitable's enhanced primary care plan offers both in-person and virtual primary care access, mental health programs, free prescription drugs, lab work, and care navigation for households under a low monthly fee with $0 out-of-pocket costs. The collaboration aims to leverage Vitable's cost containment capabilities, which have been validated by third-party actuarial firms and reinsurance carriers.
The new offering is immediately available through Health In Tech's eDIYBS platform, targeting improved healthcare accessibility and cost reduction while maintaining high member satisfaction rates.
Health In Tech ha annunciato una collaborazione strategica con Vitable e MARPAI per lanciare un piano sanitario autogestito a un prezzo competitivo. La partnership combina il modello di Assistenza Primaria Diretta (DPC) di Vitable con i piani sanitari autogestiti di MARPAI, integrati attraverso la piattaforma eDIYBS di Health In Tech.
Il piano di assistenza primaria migliorato di Vitable offre accesso sia a servizi di assistenza primaria in persona che virtuali, programmi per la salute mentale, farmaci prescritti gratuiti, analisi di laboratorio e navigazione nelle cure per le famiglie a fronte di una bassa tariffa mensile con costi zero a carico dei pazienti. La collaborazione mira a sfruttare le capacità di contenimento dei costi di Vitable, validate da aziende attuariali di terza parte e compagnie di riassicurazione.
La nuova offerta è immediatamente disponibile tramite la piattaforma eDIYBS di Health In Tech, mirata a migliorare l'accessibilità alle cure sanitarie e a ridurre i costi mantenendo elevati tassi di soddisfazione dei membri.
Health In Tech ha anunciado una colaboración estratégica con Vitable y MARPAI para lanzar un plan de salud autogestionado a un precio competitivo. La asociación combina el modelo de Atención Primaria Directa (DPC) de Vitable con los planes de salud autogestionados de MARPAI, integrados a través de la plataforma eDIYBS de Health In Tech.
El plan de atención primaria mejorado de Vitable ofrece acceso tanto a atención primaria en persona como virtual, programas de salud mental, medicamentos recetados gratuitos, análisis de laboratorio y navegación de atención para los hogares por una baja tarifa mensual con costos cero para los pacientes. La colaboración tiene como objetivo aprovechar las capacidades de contención de costos de Vitable, que han sido validadas por firmas actuariales de terceros y compañías de reaseguro.
La nueva oferta está disponible de inmediato a través de la plataforma eDIYBS de Health In Tech, enfocándose en mejorar la accesibilidad a la atención médica y en reducir costos mientras se mantienen altos índices de satisfacción entre los miembros.
Health In Tech는 Vitable 및 MARPAI와 전략적 협력을 발표하여 경쟁력 있는 가격의 자가 재정 지원 건강 계획을 론칭합니다. 이 파트너십은 Vitable의 직접 1차 진료(DPC) 모델과 MARPAI의 자가 재정 지원 건강 계획을 결합하여 Health In Tech의 eDIYBS 플랫폼을 통해 통합합니다.
Vitable의 향상된 1차 진료 계획은 대면 및 가상 1차 진료 접근, 정신 건강 프로그램, 무료 처방약, 실험실 검사 및 가정에 대한 케어 내비게이션을 저렴한 월 요금으로 제공하며, 환자는 추가 비용이 없습니다. 이 협력은 제3자 보험 수리 회사 및 재보험 회사에 의해 검증된 Vitable의 비용 절감 능력을 활용하는 것을 목표로 합니다.
새로운 서비스는 Health In Tech의 eDIYBS 플랫폼을 통해 즉시 이용 가능하며, 의료 접근성을 개선하고 비용 절감을 목표로 하면서 높은 회원 만족도를 유지합니다.
Health In Tech a annoncé une collaboration stratégique avec Vitable et MARPAI pour lancer un plan de santé autogéré à un prix compétitif. Ce partenariat combine le modèle de Soins Primaires Directs (DPC) de Vitable avec les plans de santé autogérés de MARPAI, intégrés à travers la plateforme eDIYBS de Health In Tech.
Le plan de soins primaires amélioré de Vitable offre un accès à la fois en personne et virtuel aux soins primaires, des programmes de santé mentale, des médicaments prescrits gratuits, des analyses de laboratoire et un accompagnement dans les soins pour les foyers sous une faible cotisation mensuelle avec 0 $ de frais à la charge des patients. La collaboration vise à tirer parti des capacités de contenement des coûts de Vitable, qui ont été validées par des firmes actuariales tierces et des compagnies de réassurance.
La nouvelle offre est immédiatement disponible via la plateforme eDIYBS de Health In Tech, visant à améliorer l'accessibilité des soins de santé et à réduire les coûts tout en maintenant des taux de satisfaction élevés parmi les membres.
Health In Tech hat eine strategische Zusammenarbeit mit Vitable und MARPAI angekündigt, um einen wettbewerbsfähig preiswerten selbstfinanzierten Gesundheitsplan zu starten. Die Partnerschaft kombiniert Vitables Modell der direkten Primärversorgung (DPC) mit den selbstfinanzierten Gesundheitsplänen von MARPAI, die über die eDIYBS-Plattform von Health In Tech integriert werden.
Der verbesserte Primärversorgungsplan von Vitable bietet sowohl persönliche als auch virtuelle Zugänge zur Primärversorgung, Programme für psychische Gesundheit, kostenlose verschreibungspflichtige Medikamente, Laborarbeiten und einen Navigationsservice für die Versorgung der Haushalte zu einer niedrigen monatlichen Gebühr ohne Selbstkosten für die Patienten. Die Zusammenarbeit zielt darauf ab, Vitals Kostenkontrollfähigkeiten zu nutzen, die von unabhängigen Aktuaren und Rückversicherern validiert wurden.
Das neue Angebot ist sofort über die eDIYBS-Plattform von Health In Tech verfügbar und zielt darauf ab, die Zugänglichkeit von Gesundheitsdiensten zu verbessern und die Kosten zu senken, während gleichzeitig hohe Mitgliederzufriedenheitsraten erhalten bleiben.
- Integration of cost-effective Direct Primary Care model with $0 out-of-pocket costs
- Validated cost containment capabilities by third-party actuarial firms
- Immediate availability of the new offering on eDIYBS platform
- None.
Insights
This strategic collaboration marks a notable development in the self-funded healthcare solutions market, combining three distinct capabilities to potentially disrupt traditional healthcare cost structures. The integration merges Health In Tech's AI-powered insurtech platform, Vitable's comprehensive Direct Primary Care model and MARPAI's self-funded health plans into a unified offering.
The partnership's core value proposition centers on cost reduction through several key mechanisms:
- Vitable's hybrid care model, which optimizes the balance between virtual and in-person care delivery
- Integration of mental health services, prescription coverage and lab work under a single fee structure
- Streamlined administrative processes through Health In Tech's eDIYBS platform
- MARPAI's expertise in self-funded health plan administration
From a market perspective, this collaboration addresses several critical pain points in the current healthcare landscape. The self-funded insurance market has been seeking more efficient solutions to manage rising healthcare costs while maintaining quality care delivery. By combining direct primary care with advanced technology infrastructure, the partnership could potentially reduce claims costs through better preventive care and more efficient service delivery.
For employers and benefits managers, this integrated solution offers potential advantages:
- Simplified administration through a single platform
- Potential cost savings through the DPC model's focus on preventive care
- Enhanced employee satisfaction through improved healthcare access
- Reduced out-of-pocket costs for employees
However, the success of this venture will largely depend on several factors: the seamless integration of these different systems, the actual cost savings achieved through the DPC model and the ability to scale the solution effectively across different market segments. While the collaboration shows promise, the absence of specific cost reduction targets or implementation timelines makes it challenging to quantify the potential impact on Health In Tech's market position or financial performance.
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
"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.
"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."
This competitive quote opportunity will be available through Health In Tech's eDIYBS platform starting today.
About Health In Tech
Health In Tech (Nasdaq: "HIT") is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.
About Vitable
Vitable offers a hybrid Direct Primary Care health plan for self-funded and level-funded groups, delivering easy access to high-quality primary care and mental health coverage to the under- and uninsured American workforce. Vitable membership includes in-home and virtual primary care visits, free prescriptions, labs, and mental health programs with no out-of-pocket cost for the members.
About Marpai, Inc.
Marpai, Inc. (OTCQX: MRAI) is a technology platform company which operates subsidiaries that provide TPA and value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the
Forward-Looking Statements Regarding Health In Tech
Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the
Investor Contact
Investor Relations:
ir@healthintech.com
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SOURCE Health In Tech
FAQ
What services are included in Health In Tech's new health plan collaboration with Vitable and MARPAI?
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