The collaborative effort aims to address the challenges associated with high annual deductibles for major medical coverage among individuals. By pooling their expertise, the companies seek to mitigate the financial burden placed on workers while enhancing access to comprehensive insurance options.
Key objectives of the partnership include educating workers on the importance of insurance and the various coverage options available to them. Through this initiative, GigSmart, Hooray Health, and Zurich NA aspire to empower individuals with the knowledge and resources necessary to make informed decisions regarding their healthcare needs.
“This collaboration signifies a long-term commitment to solving the growing financial burden of healthcare for individuals. Managing medical spending and debt is a real challenge for many Americans. And it’s something that Zurich, Hooray Health, and GigSmart are passionate about solving,” said David Fike, Head of Life, Accident & Health for Zurich North America.
Commenting on the partnership, Mitch Catino, co-founder and COO at GigSmart, said: “More than one million workers on the GigSmart platform will now have access to comprehensive insurance resources to help support their success and overall well-being.”
Shane Foss, CEO of Hooray Health, also commented, saying: “This alliance leverages the strengths of all three organizations to develop tailored insurance solutions specifically designed for the individual worker and evolving workforce. Too often workers only have limited options for healthcare. Our plans supplement the online exchange plans very well, giving workers access to major medical coverage at a lower price point and the ability to use Hooray Health for non-emergencies.”