Datapoint: Bright Health IPO Raises $924M
Startup insurer Bright Health made $924.3 million during its initial public offering (IPO) last week, the most successful launch of any of the recent insurer IPOs. The company is now valued at $11.23 billion, according to Reuters. Bright Health currently enrolls 500,853 people in 12 states, with 99.8% enrolled in individual commercial risk-based products.
Source: AIS’s Directory of Health Plans