Health In Tech Revolutionizes Self-Funded Insurance for Small Businesses
New York, Thursday, 20 February 2025.
Health In Tech simplifies self-funded insurance for small businesses with innovative tools, enhancing accessibility and efficiency while providing transparency and cost savings for all stakeholders involved.
Transformative Technology Platform
Health In Tech (HIT), founded in 2014 and based in Stuart, Florida, has emerged as a pioneering force in the insurance technology sector with over 30 years of collective management experience [1]. Their comprehensive suite of solutions, including Stone Mountain Risk, eDIYBS, HI Card, and HI Performance Network, is specifically designed to address the complexities that have traditionally kept small businesses from accessing self-funded health insurance options [1].
Strategic Partnerships and Innovation
In a significant move to enhance their service offering, HIT has recently formed strategic partnerships with Vitable Health and Marpai Administrators LLC [1]. This collaboration aims to streamline self-funded healthcare delivery while simultaneously reducing costs for clients. The timing is particularly relevant as industry data shows organizations are increasingly focused on achieving material returns for all stakeholders in 2025, moving beyond mere cost optimization [2].
Comprehensive Protection and Integration
A key component of HIT’s offering is their stop-loss insurance protection, which provides crucial safeguards against high-cost claims - a particular concern for small businesses venturing into self-funded health plans [1]. The company’s eDIYBS platform further enhances this value proposition by seamlessly integrating ancillary products such as dental and term life insurance with existing health plans [1].
Future-Forward Approach
The company’s initiatives align with broader industry trends identified in recent studies, where human-centric productivity and digital-first culture are becoming paramount in 2025 [2]. To demonstrate their commitment to industry education and transparency, HIT is hosting a free webinar on February 20, 2025, featuring industry experts Glenn Hillyer, Keith Vohwinkel, Steven Baek, and Benjamin Utz, who will discuss strategies for brokers to optimize costs while improving care delivery [1].