Company:HealthSherpa

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Short description: Health Technology company
HealthSherpa
TypeStartup
IndustryHealthcare Navigation
Founded2013
FounderGeorge Kalogeropoulos
Ning Liang
Catherine Perez
Headquarters,
U.S.
Area served
U.S.
Number of employees
73 (Nov 2021) [1]
WebsiteHealthSherpa.com

HealthSherpa is a California-based technology company focused on connecting individuals with health coverage. The site was initially developed as an alternative to research plans from Healthcare.gov.[2][3][4][5]

History

HealthSherpa was founded by Ning Liang and George Kalogeropoulos, who participated together in the Silicon Valley startup accelerator Y-Combinator. Catherine Perez was named a late co-founder and Chief Product Officer (CPO) in 2015.[6] In addition to Y-Combinator, the company is backed by Innovation Endeavors,[7] Kapor Capital,[8] and Group 11.

Services

In 2020, the company had 3 core business units:

  1. Consumer. Shopping, quoting, enrollment and application & coverage management directly available to consumers to enroll in Affordable Care Act / "Obamacare" plans. Unique among for-profit enrollment sites, HealthSherpa.com shows all plans available from all insurers on equal footing without consideration of commission payments, and only offers ACA-compliant on-exchange coverage.[9] HealthSherpa also partners with employers to help their non-benefits eligible employees find health coverage.[10]
  2. Carriers. Enhanced Direct Enrollment platform leveraged by insurance issuers. As of 2019, 10 of 11 issuers approved for EDE used HealthSherpa's platform.[11]
  3. Agencies and Brokers. A free enrollment pathway with integrated quoting, enrollment and servicing. More than 36,000 agents and 4,800 agencies have adopted HealthSherpa’s free agency and broker platform.[12]

As of October 2021, over 6 million people have been enrolled in individual health coverage through HealthSherpa.[13]

Integration with Healthcare.gov

On December 4, 2018, HealthSherpa announced that it was the first company approved to utilize the Department of Health and Human Services’ innovative new Enhanced Direct Enrollment (EDE) technology, which permits private companies to carry out all enrollment and related activities for on-exchange health coverage.[14]

References

  1. "HealthSherpa". craft.co. https://craft.co/healthsherpa. Retrieved 7 November 2021. 
  2. "Healthsherpa Helps Thousands Get Insurance Quotes". NPR. https://www.npr.org/2013/11/13/244947824/healthsherpa-helps-thousands-get-insurance-quotes. 
  3. "Signing up for Obamacare could someday take as little as 10 minutes". The Washington Post. https://www.washingtonpost.com/news/the-switch/wp/2014/02/26/signing-up-for-obamacare-could-someday-take-as-little-as-10-minutes/. 
  4. "S.F. programmers build alternative to HealthCare.gov". CBS. http://www.cbsnews.com/news/sf-programmers-build-alternative-to-healthcaregov/#article. 
  5. "Trio of young coders build health-care website in days". CNN. http://www.cnn.com/2013/11/11/tech/web/alternate-healthcare-site/. 
  6. "HealthSherpa Supports 530,000+ People Enroll in Federal Healthcare Marketplace". https://www.prweb.com/releases/2016/09/prweb13695820.htm. 
  7. "Innovation Endeavors Portfolio". http://www.innovationendeavors.com/portfolio/. 
  8. "Kapor Capital Portfolio". http://www.kaporcapital.com/portfolio/healthsherpa/. 
  9. Rosato, Donna. "How to Find the Best ACA Insurance Plan Before Open Enrollment Ends" (in en-US). https://www.consumerreports.org/health-insurance/find-best-aca-insurance-plan-before-open-enrollment-ends/. 
  10. "HealthSherpa | Employer Program" (in en). https://www.healthsherpa.com/employers. 
  11. "George Kalogeropoulos posted on LinkedIn" (in en). https://www.linkedin.com/posts/georgekalogeropoulos_entities-approved-to-use-enhanced-direct-activity-6578333080858222592-kTkk. 
  12. "HealthSherpa | Fast, Easy Obamacare Enrollment" (in en). https://www.healthsherpa.com/agents/features. 
  13. "Catherine Perez Bio". https://twitter.com/catperezsays. 
  14. "HealthSherpa Approved as First Fully Integrated Healthcare.gov Private Sector Partner". https://www.prweb.com/releases/healthsherpa_approved_as_first_fully_integrated_healthcare_gov_private_sector_partner/prweb15963768.htm.