Healia Health

Healia Health is a health insurance startup that aims to make healthcare more affordable for dual income families. The company's flagship product, the Total Care Option (TCO), is designed to enable employees to utilize their spouse's policy as their primary coverage and the company's policy to cover their out-of-pocket costs, ultimately reducing the annual exposure for families from over $16k to less than $2k. This strategy not only benefits the families but also saves companies up to 85% per enrolled family, creating an attractive employee perk of full coverage of all health costs. One of the key attributes of Healia's offering is its powerful technology that helps employees comprehend the TCO by analyzing their plans and their spouse’s, providing them with a comprehensive view of their healthcare options in one place. The company's dynamic tool facilitates a clearer understanding of their coverage, a feature that has not been available before. Moreover, Healia simplifies the setup and administration process, providing convenience for both clients and brokers. Established in 2022 and headquartered in the United States, the startup recently secured a $500.00K Seed Round investment on 01 March 2024, with the funding coming from Y Combinator. This investment not only endorses their innovative approach to health insurance but also signifies confidence in their potential to revolutionize the industry. With its unique approach to reducing healthcare costs and enhancing coverage, Healia Health has positioned itself as a disruptor in the health insurance sector, offering a promising investment opportunity.