Datapoint: Friday Health Plans Scores $160 Million Investment

businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 8

Startup insurer Friday Health Plans last week said it has accepted $160 million in equity investments led by Vestar Capital Partners and Leadenhall Capital Partners, and will use the funds to expand into new territories and build its small group product line. As of the third quarter of 2020, the Denver-based insurer enrolled 14,338 members in Colorado, with 75.4% enrolled in an individual commercial risk-based plan. The company in February reported membership gains of 400%, to about 75,000 lives, following expansion if its Affordable Care Act exchange offerings to Nevada, New Mexico and Texas.

Source: AIS’s Directory of Health Plans

0
0 Comments
© 2024 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 25

Datapoint: Mississippi Could Create State-Based Exchange

Read More
businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 24

Datapoint: FDA Approves Alvotech and Teva’s Stelara Biosimilar

Read More
businessman-using-laptop-computer-and-digital-tablet-analyzing-sales-data-and-graph-chart
April 23

Datapoint: Elevance to Take On Primary Care Expansion

Read More

The Latest

enhance-patient-assistance-programs

Meet Our Reporters

Tags

AIS's Directory of Health Plans

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today