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About HealthSherpa
Industries
Fintech
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$9.6M
Headquarters
Sacramento, California
Founded
2012
Overview
Company Does Not Provide H1B Sponsorship
HealthSherpa provides a platform that helps individuals and families find and enroll in Affordable Care Act (ACA) health insurance plans. Users can quickly assess their eligibility for savings and receive personalized recommendations based on their needs. The platform allows for detailed comparisons of different plans, including information on accepted doctors, hospitals, prescription drug coverage, and total costs. HealthSherpa earns commissions from insurance companies when users enroll through their site, but this does not influence the recommendations provided, ensuring unbiased advice. The service is free for users and available throughout the year, offering additional support to help them understand and utilize their chosen health insurance plans.
Simplify's Take
What believers are saying
- Increased demand for telehealth services can attract tech-savvy consumers to HealthSherpa.
- The rise of personalized medicine enhances HealthSherpa's recommendation engine capabilities.
- Medicaid expansion increases the pool of potential customers for HealthSherpa.
What critics are saying
- Alternative health insurance platforms could dilute HealthSherpa's market share.
- Regulatory changes in the ACA marketplace may impact HealthSherpa's operations.
- Unauthorized ACA sign-ups could lead to reputational damage for HealthSherpa.
What makes HealthSherpa unique
- HealthSherpa offers unbiased advice by not letting commissions affect plan recommendations.
- The platform provides personalized plan recommendations and detailed comparisons for users.
- HealthSherpa's service is free and available year-round, enhancing accessibility for users.
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Funding
Total Funding
$9.6M
Below
Industry Average
Funded Over
2 Rounds
Andreessen HorowitzIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Parental Leave
Phone/Internet Stipend
Home Office Stipend
Mental Health Support
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 4%2 year growth
↓ -2%HealthSherpa launches ICHRA Marketplace to streamline Access to individual health coverage.
Highmark Blue Cross Blue Shield and other insurers have teamed up with HealthSherpa to launch the Member Defense Network, an initiative to thwart unauthorized Obamacare sign-ups and plan switches.
HealthSherpa, the largest private channel for Marketplace enrollment, today announced that they will be a CMS approved training vendor for plan year 2023 Federally-facilitated Marketplace training and certification. This training option will be free, and Agents and Brokers can access it through the Marketplace Learning Management System (MLMS). In addition to Marketplace training for new and returning agents, HealthSherpa will offer additional training on Enhanced Direct Enrollment (EDE), which is the technology that allows web-broker and qualified health plan (QHP) issuer entities to host the Federally-facilitated Marketplace (FFM) application and enrollment services on their own site
SAN FRANCISCO, May 23, 2022 /PRNewswire-PRWeb/ -- HealthSherpa, the largest private channel for Marketplace enrollment, today announced the appointment of Natalia Harris as SVP of People and Therese Santomarco as VP of Recruiting.
HealthSherpa, the largest private channel for Marketplace enrollment, today announced the appointment of Jeff Pollock as Director of Sales and Rob Fitzgerald as Senior Director of Solutions Engineering.
There are no jobs for HealthSherpa right now.
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About HealthSherpa
Industries
Fintech
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$9.6M
Headquarters
Sacramento, California
Founded
2012
There are no jobs for HealthSherpa right now.
Find jobs on Simplify and start your career today