MedCity News December 29, 2024
Remodel Health received $100 million in funding from Oak HC/FT and Hercules Capital.
Remodel Health, an Individual Coverage Health Reimbursement Arrangement (ICHRA) provider, has raised more than $100 million in growth funding, the company recently announced.
The Indianapolis, Indiana-based company helps employers and employees build and access ICHRA plans. ICHRA allows employers to provide employees a monthly allowance of tax-free money that they can use to buy healthcare services for their needs. Remodel Health’s services include plan creation and administration, call center support, automated quoting and employee onboarding. It recently acquired ICHRA company PeopleKeep and serves small, medium and large employers.
“Remodel Health helps address the growing challenge of unpredictable and rising health insurance costs for employers. … By transitioning...
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