New Tech-Savvy Health Insurance Company Evry Health Launches in Dallas | News
DALLAS – (BUSINESS WIRE) – Nov. November 2021–
Dallas-based Evry Health is serious about delivering reliable, value-based care to Dallas-Fort Worth residents and has recently launched its new, bespoke health plans through www.evryhealth.com. Evry Health, a business-to-business health insurance company founded in 2017, differs from traditional Preferred Provider Organizations (PPOs) and Health Maintenance Organizations (HMOs) by using software automation to reduce healthcare costs. With no deductibles or co-payments for network-internal care, the company’s extensive benefit plans promote preventive health care and access to care. The recently launched B2B health insurance offers a high-tech mobile-first experience that cuts the costs most businesses are currently paying.
Evry Health investors include Y Combinator, Silicon Valley venture capital funds, and local business leaders. The management team, investors and consultants have extensive experience in the fintech, insurance and healthcare industries and have developed and built the necessary networks, processes and software systems to enable Evry Health to start.
CEO and co-founder Chris Gay is no stranger to the Dallas startup scene. As the former CEO of an insurance company, he founded MileMeter, based in Dallas, an auto insurance company that pioneered pay-per-mile insurance.
“Great companies should offer great advantages without breaking the bank,” said Gay, who is from Dallas. “We have been on the mission since 2017 to build the health insurance for ourselves and our loved ones that we have always wanted. With today’s technology, signing up for healthcare or paying a medical bill should be as easy as ordering a pizza. We’ve done the hard work from the ground up to build better health insurance so we can charge less, so employers can pass those savings on to their employees and become more competitive in the market. “
Evry Health’s initial rollout will focus on companies with 100-2,000 employees in Dallas, Denton, Collin, Rockwall, and Tarrant counties. Evry Health has built an extensive local medical network focused on the highest quality doctors and health systems. A nationwide network also provides coverage no matter where employees travel or where they work.
Evry Health also offers its members an incentive to be healthy with bespoke wellness plans that are free for the employer or their employees. These specialized, optional wellness solutions offer a wide range of resources, tools, and premiums that differ from other health insurance plans, including benefits such as prenatal support, nutritional and mental health counseling, depression and anxiety counseling. Rewards are deposited into an Evry Health Reward Card, which Members use like any other credit card.
“Normally, midsize employers don’t have free integrated wellness plans, but we’ve made this an integral part of our business model,” said Jay Startz, CFO of Evry Health. “The COVID-19 pandemic taught us that our health, and especially our mental health, is the top priority. We are the technology broker who answers your questions and connects you with your personal care team instead of relying on answering machines or endless phone trees. We give this toolkit to companies to take care of themselves and their hardworking employees. “
Evry Health is headquartered in Dallas, including its back office administrative functions and claims center. The company intends to grow rapidly with hiring plans for 2022 that include HR operations, customer support, claims management, software engineers, and care coordinators to become part of its member concierge care team.
“Health care is usually one of the biggest expenditures for an employer, but we want to change that with our customer-centric approach that is better for everyone,” said Gay. “Each of Evry’s founders has been a business owner and policyholder struggling with rising insurance premiums and a history of personal losses due to the inadequacies of our healthcare. We’re redesigning the end-to-end healthcare experience and making consumer-centric healthcare more transparent and accessible to all. “
About Evry Health
Headquartered in Dallas, Evry Health is not your standard health plan. We have made it our mission to make healthcare affordable, transparent and of high quality again by offering expanded services at an affordable price and reducing premiums by up to 20%. We’re building the health insurance we’ve always wanted with the aim of helping people live better, healthier lives. More information is available at www.evryhealth.com.
View source version on businesswire.com: https: //www.businesswire.com/news/home/20211117006298/en/
CONTACT: For more information please contact:
Leah Williams, Dala Communications for Evry Health
leah@dalacommunications.com
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES SOFTWARE INSURANCE GENERAL HEALTH DATA MANAGEMENT PROFESSIONAL SERVICES TECHNOLOGY
SOURCE: Evry Health
Copyright Business Wire 2021.
PUB: 11/17/2021 3:30 p.m. / DISC: 11/17/2021 3:31 p.m.
http://www.businesswire.com/news/home/20211117006298/en
Copyright Business Wire 2021.
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