What is Curative's new funding round and valuation?

Curative announced a $150 million Series B funding round, valuing the company at $1.3 billion.

How does Curative's zero out-of-pocket health plan work?

Members have no out-of-pocket costs if they complete an annual preventive health visit; otherwise, a deductible applies.

What are Curative's expansion plans?

Curative plans to use the funding to scale nationally, starting with Maryland and DC, then expanding to other states.

Home / Business and Economy / No Out-of-Pocket Health Plan Sees Major Funding

No Out-of-Pocket Health Plan Sees Major Funding

3 Dec

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Summary

Curative secured $150 million in Series B funding.
The company's model reduces inpatient admissions by 30%.
Curative's plan offers zero out-of-pocket costs for members.

No Out-of-Pocket Health Plan Sees Major Funding

Curative, an innovative health insurance company, has announced the closure of its Series B funding round, securing $150 million at a $1.3 billion valuation. This significant investment will enable the company to scale its unique employer-sponsored health insurance model nationwide. The model focuses on preventative health through member engagement, a strategy that has already resulted in a substantial 30% reduction in inpatient hospital admissions for participating employer groups within six months of adoption.

Initially operating in Texas, Florida, and Georgia, Curative plans to expand its services to Maryland and Washington D.C. in the near future. Future expansion phases will include Indiana, Ohio, and New York, with a long-term goal of national coverage. A key investment area for the company is leveraging artificial intelligence to automate and streamline the insurance process, addressing the industry's traditionally document-heavy nature and improving responsiveness for members.