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About HealthSherpa
Industries
Data & Analytics
Consumer Software
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$9.7M
Headquarters
Sacramento, California
Founded
2012
Overview
Company Does Not Provide H1B Sponsorship
HealthSherpa helps individuals and families find and enroll in Affordable Care Act (ACA) health insurance plans through a free online platform. Users can quickly check if they qualify for savings, receive personalized plan recommendations, and compare plan features such as doctor networks, prescription coverage, and total costs. The platform is designed to be unbiased: commissions paid by insurers on enrollments do not influence which plans are shown or recommended. The service operates year-round and provides additional support to help users understand and use their chosen plans. HealthSherpa's goal is to make affordable ACA coverage easy to find and enroll in, with clear comparisons and guidance.
Simplify's Take
What believers are saying
- First EDE-approved in 2018, innovates APIs for better UI and retention.
- CMS-approved training vendor for 2023 FFM agents via free MLMS.
- Member Defense Network with Highmark stops unauthorized ACA sign-ups.
What critics are saying
- CMS paused HealthSherpa procedure on August 2 for fraud risks.
- Healthcare.gov enhancements capture enrollments, eroding private dominance.
- Inszone steals share with superior tools; eHealth pivots undercut quoting.
What makes HealthSherpa unique
- HealthSherpa dominates EDE with 90% of enrollments and 7 million in OEP 2024.
- Launched industry's first ICHRA Policy Status API and ICHRA Marketplace.
- Serves 45,000 agents, over half of HealthCare.gov's registered total.
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Funding
Total Funding
$9.7M
Below
Industry Average
Funded Over
3 Rounds
Andreessen Horowitz
Y CombinatorIndustry 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
↑ 0%2 year growth
↑ 3%HealthSherpa launches industry's first ICHRA Policy Status API.
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 is Hiring for 2 Jobs on Simplify!
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About HealthSherpa
Industries
Data & Analytics
Consumer Software
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$9.7M
Headquarters
Sacramento, California
Founded
2012
HealthSherpa is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today