Curative Health Insurance Company secures $150m+ in Series B funding, raising valuation to $1.25bn. Funds will advance $0-out-of-pocket health plan with AI-powered member experience and support national expansion. TED chairman’s Upside Vision Fund leads round, with other notable participants. Capital to enhance operational capabilities, member engagement, and compliance reserves.
Curative Health Insurance’s plan eliminates out-of-pocket expenses for members after Baseline Visit. Data shows increased primary care participation, reduced hospital admissions, and lower medication costs. Company serves 1,200+ employer clients and 165,000+ members. CEO Fred Turner emphasizes mission to eliminate financial barriers and improve outcomes with disruptive AI-driven model.
Funding round led by Upside Vision Fund, with contributions from JAM Fund founder and other notable investors. Proceeds to support national expansion, operational enhancements, compliance reserves, and member engagement strategies. Curative Health Insurance’s plan shows positive outcomes with increased primary care participation, reduced hospital admissions, and lower medication costs.
Read more at Yahoo Finance: Curative Health Insurance raises over $150m in Series B funding
