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Health In Tech, Inc.

HIT Nasdaq Financial Services · Insurance Brokers Stuart, FL healthintech.com
$0.79
Mkt Cap 43.9M
Our Mission To change the non-transparent $5.3 trillion 1 healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and …

Our Mission To change the non-transparent $5.3 trillion 1 healthcare industry with innovation that removes friction and complexities with vertical integration, process simplification, automation, and digitalization. Overview Health in Tech ( HIT ) is an AI-enabled insurance technology platform company, which offers a marketplace that improves 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, Managing General Underwriter (MGUs) and third-party administrators ( TPAs ). Marketplace: We are a health insurance marketplace where insurance companies can list various stop-loss policy options for self-funded benefits plans. Licensed brokers registered on our platform can log in, upload certain required information, select policy plans, obtain a bindable quote and sell them to businesses. In most cases, our technology enables us to medically underwrite insurance policies and produce bindable quotes within about two minutes, allowing us to deliver an integrated and seamless sales cycle. Customizable Solutions: Beyond policy underwriting and sales, our marketplace offers customization of health benefits plans, vendors, claims, and network services. Brokers can select customized plans that suit their customers. Accessibility and Savings: We make self-funded benefits plans and stop loss insurance accessible online for businesses.

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REVENUE TTM
$36.0M
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