Bright Health is always working to innovate healthcare systems and evolve as a company, and that sometimes lands us in the news. Stay connected to what we're doing across the country with press releases, news articles, and interviews.
Bright Health, the Minneapolis-based health-insurance startup that provides health plans for individuals and families and to seniors has big plans for a major expansion. As soon as 2020, the company could newly offer coverage in Illinois, Georgia, Florida, South Carolina, and Nebraska, according to job listings and insurance filings reviewed by Business Insider.
Bright Health currently operates in 12 markets and partners directly with a provider for its plans. It co-brands the insurance plans with the providers. A co-branded insurance plan allows for a more high-touch experience for members, Rolfing said, as well as a more coordinated and cost-effective approach to care.
Bright Health’s innovative Care Partner Health Plan model works exclusively with one health system per market to offer superior, integrated care “under one roof”. This relationship allows for coordination of services, technology, data and administration to optimize consumer and patient experience. It creates a unique alignment between Bright Health and Mount Sinai when serving Bright Health members, with the promise of enhanced benefits, better outcomes and reduced healthcare costs overall.
Venture-backed insurance startup Bright Health's record $200 million raise last November helped the Minneapolis company close out 2018 with triple the revenue it reported a year prior and expand into new markets.
The Minneapolis/St. Paul Business Journal's fourth annual Most Admired CEOs awards recognize the outstanding professional accomplishments and community involvement of the Twin Cities top business leaders at small and middle-market companies.