Healia Health Analysis: $500K Raised
What is Healia Health?
Healia Health offers innovative benefits to help companies cover out-of-pocket health costs for employees' family members on a spouse's health plan, enhancing employee perks.
Employees
5
Founded
2022
Investors
- Y Combinator
- North Coast Ventures
Product Features & Capabilities
- Total Care Option, covers out-of-pocket costs and premiums for family members on spouse's health plan, saves $10k per enrollee, plan selection technology helps employees choose the best health plan in under five minutes, analyzes spouse's health plan from another employer, plan benchmarking and anal
Pricing
- Healia Health allows companies to cover out-of-pocket health costs for employees enrolled in a spouse's health plan.
- Typical expenses covered range from $6,000 to $10,000 per enrollee.
- Companies can save approximately $10,000 per enrollee and employees can save an average of $2,100 per year.
How much Healia Health raised
Pre-Seed - $500,000
March 1, 2024Lead Investor: Not specified in the sources.
Who are the founders of Healia Health
PS
Priyang Shah
Founder
Business Model
Employers fund individual accounts for health expenses, enhancing employee satisfaction and reducing costs.
Market Focus
Healia Health primarily focuses on the employee benefits industry, specifically providing solutions that cover out-of-pocket health costs for family members enrolled in a spouse's health plan.
Competitors Overview
Healia Health primarily competes with companies like Benefit Allocation Systems, LLC and Discovery Benefits in the employee benefits market, particularly in providing solutions for out-of-pocket health costs.
- Benefit Allocation Systems, LLC:
- Services: Offers Health Reimbursement Arr
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