Curative secures $150 mn Series B to scale its $0-cost insurance model

Curative Secures Funding to Expand $0-Cost Health Plan

Curative, a healthcare startup focused on providing affordable insurance options, has successfully raised $150 million in its Series B funding round. This investment places the company at a valuation of $1.275 billion. The goal of this funding is to enhance Curative's $0-out-of-pocket health plan and to develop AI-driven tools for its members.

Growth Plans and Geographic Expansion

Currently operating primarily in Texas, Florida, and Georgia, Curative has plans to broaden its service area. The additional funding will allow the company to scale its operations beyond these states, which may make their no-cost insurance model available to a larger demographic.

Enhancing Member Experience

A significant portion of the funds will go towards improving their member tools through artificial intelligence. This could mean better access to information, streamlined services, and enhanced support for users as they navigate their healthcare options.

Impacts on the Insurance Landscape

Curative’s model serves as a notable case in the ongoing evolution of the health insurance market. By aiming for a $0-cost structure, they are not only offering an alternative to traditional plans but also highlighting the potential for technology to revolutionize member engagement and care delivery.

This funding round signals confidence in their approach and could spur further interest in similar health care innovations, especially aimed at cost reduction.

Overall, this development suggests that Curative is making strides in an evolving landscape where insurance affordability is increasingly critical, making waves that could resonate throughout the industry.

Original Source: https://beinsure.com/news/curative-secures-150mn-series-b/