Small Businesses Could Face Double-Digit Premium Hikes in 2027
Small group insurers are proposing a median 14% premium increase for 2027, driven by rising healthcare costs.
Small group insurers are proposing a median 14% premium increase for 2027, driven by rising healthcare costs.
After raising $635 million last year, insurance startup Bright Health brought in another $500 million led by three private equity firms. Starting next year, the company said it will offer small-group plans and services for self-insured companies.
Cigna CEO David Cordani shared more details with investors about two upcoming partnerships for the company with Prime Therapeutics and Oscar Health.
Led by former UnitedHealthcare CEO Bob Sheehy, Bright is one of a crop of insurance startups looking to disrupt the industry with better consumer experiences and closer integrations with providers.