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Health In Tech Partners with MARPAI and Vitable for Enhanced Healthcare Solutions

Health In Tech is excited to unveil a strategic partnership with Vitable and MARPAI that aims to bring competitively priced self-funded health plans to the market. This innovative collaboration is designed to provide employees with high-quality health care while reducing overall costs by leveraging advanced technology and direct primary care (DPC) models.

The Collaboration Explained

By integrating Vitable’s hybrid Direct Primary Care (DPC) model with MARPAI’s self-funded health plans, Health In Tech intends to set new standards in affordability and efficiency within the health insurance sector. The partnership seeks to address the pressing need for accessible healthcare, particularly for the underinsured and uninsured workforce in the United States.

Vitable’s DPC model facilitates seamless access to both in-person and virtual primary care services. Members of the plan not only receive direct medical attention but also benefit from mental health programs, free prescription medications, lab work, and comprehensive care navigation— all for a low monthly fee and no out-of-pocket expenses.

Glenn Hillyer, Chief Growth Officer at Health In Tech, emphasized the importance of this partnership: "This collaboration exemplifies our commitment to revolutionizing healthcare access and affordability. By integrating Vitable’s model with MARPAI’s self-funded health plans, we can enhance the service delivery process while achieving cost efficiency."

Key Benefits of the Partnership

The collaboration harnesses the strengths of all three companies:
Competitive Pricing: The aim is to provide lower quotes through Health In Tech's eDIYBS platform, offering cost-effective solutions based on proven cost containment strategies.
Enhanced Member Satisfaction: With a focus on high utilization rates, Vitable’s model has shown promising results in member satisfaction, which Health In Tech aims to replicate within its offerings.
* Holistic Care Access: Members gain flexible access to healthcare, whether from the comfort of their homes or through direct contact with healthcare professionals, catering to varying preferences and needs.

Steven Baek, Head of Growth at Vitable, shared his enthusiasm about the new partnership: "We are thrilled to collaborate with Health In Tech and MARPAI to deliver high-quality health plans at lower costs, ensuring our members receive the care they need without financial strain."

A Vision for the Future of Healthcare

Ben Utz, Vice President of Strategic Accounts at Marpai, underlined the collective ambition to improve the healthcare experience: "Together, we hope to deliver smarter, seamless healthcare experiences that prioritize employee well-being and improve access to personalized care."

The opportunity for competitive health quotes through this new initiative will begin immediately on Health In Tech's eDIYBS platform. The collaboration signifies a significant step forward in the evolution of health insurance models, with an objective to deliver comprehensive care solutions that meet the challenges of today’s healthcare landscape.

About the Companies Involved

Health In Tech (Nasdaq: HIT) is an Insurtech company focused on utilizing third-party AI technology to innovate the healthcare industry. The company aims to simplify processes and improve efficiency in health insurance through automation and vertical integration.

Vitable provides a comprehensive DPC health plan targeting self-funded groups, facilitating straightforward access to critical healthcare services for a population often overlooked.

Marpai, Inc. (OTCQX: MRAI) operates within the technology platform space, specifically focusing on TPA and value-driven health plan services to support self-funded employer health plans, ensuring accessible and quality care solutions.

This partnership is set to redefine how health plans are formulated and offered, with an emphasis on affordability and the well-being of employees across various sectors.