Loop Health Market Research Report
Company Overview
Name
Loop Health
Mission
By using data, technology, and high quality medical expertise, Loop Health aims to deliver an empathetic, people-centric healthcare experience that helps people live longer.
Founded
No information is available.
Founders
No information is available.
Key People
- Dr. Jagtap - Medical Advisor, 10+ years experience at Indus Health and major hospital groups across India.
- Dr. Roy - Medical Advisor, 8 years experience as a physiotherapist, coordinated hospitalizations at Cloudnine.
- Dr. Jain - General Physician, 12 years experience as an MBBS doctor with a focus on OB/GYN and experience in fertility practice.
- Dr. Bakshi - General Physician, 13 years of experience as an MD Doctor with a specialization in thyroid disorder & diabetes management.
- Dr. Ahmed - General Physician, 8 years of experience as an MBBS Doctor with a specialization in diabetes management.
- Dr. Shah - Pediatrician, 11 years of experience as an MBBS, MD doctor with a specialization in paediatric nutrition.
- Dr. Kedar - Dermatology, 10 years of experience as an MBBS doctor with specialization in skincare.
- Dr. Dalal - Women’s Wellness, 12 years of experience as an MBBS doctor with a specialization in infertility & ultrasound.
- Dr. Nina - Nutritionist, 11 years of experience as an MSc in Clinical Nutrition.
Headquarters
Pune, India. Additional offices in Mumbai, Bengaluru, Hyderabad, and Delhi.
Number of Employees
No information is available.
Revenue
No information is available.
Known For
Loop Health is known as India’s first Health Assurance company, focusing on preventive healthcare rather than just reactive care. They integrate data, technology, and medical expertise to offer holistic health solutions.
Products
Health Assurance
High-Level Description
Health Assurance by Loop Health is a modern healthcare system intended to prevent illness rather than react to it. It includes comprehensive health benefits including personalized care, preventive measures, and frequent wellness activities.
Key Features
- Customized Group Insurance: Offers competitive rates from trusted insurers.
- Unlimited Primary Healthcare: 24/7, free virtual consults with medical experts.
- Wellness Sessions: Weekly activities such as yoga, pilates, zumba, and nutrition seminars.
- Health Index for Personalized Care: In-depth health data analysis and action plans.
- Employee Assistance Program: Focused programs for chronic care, mental health counseling, and more.
- HR Tools: Includes policy management, reporting, claim tracking, and an HR dashboard.
Loop App
High-Level Description
The Loop app provides a digital platform for healthcare benefits, insurance management, wellness programs, and easy communication with medical advisors.
Key Features
- E-cards and Policy Details: Digital health insurance cards and policy details are always accessible.
- 24x7 Medical Advisors: Instant consultations and continuous medical support via chat.
- Medical Consultations: Unlimited, free consultations with specialists through the app.
- Claims Management: Simplified claim processes with real-time updates and support.
- Wellness Resources: Access to wellness webinars, chronic care programs, mental health counseling, and more.
Recent Developments
New Products Launched
- Super Top-Ups: Extended GMC cover facilities.
- Liquiloans Facility: Interest-free loan options for employees’ medical needs.
- HR Dashboard and HRMS Integration: Advanced tools for HR to manage insurance and employee health benefits seamlessly.
New Features Added
- Enhanced Preventive Care: With personalized preventive measures focusing on chronic diseases and lifestyle health.
- 24/7 Virtual Consultations: Expanded to ensure continuous support and immediate medical guidance.
- Discounted Health Services: Partnerships offering discounts on diagnostic services, fitness programs, and healthcare products.
Recent Partnerships
- MedPay Network Clinics and Hospitals: Augmenting in-person care services.
- PAN-India Partners: Over 12 new partners for better laboratory and diagnostic services all over India.
- Cultfit and Clove Dental: Discounts on fitness services and dental consultations.
Industry Impact Publications
- Traditional Health Insurance vs. Health Assurance: An analytical comparison published on August 25, 2023.
- The Financial Benefits of Health Assurance: Detailed study on cost-effectiveness and health outcomes posted on August 25, 2023.
By maintaining a strong focus on preventive healthcare and leveraging technology for a seamless healthcare experience, Loop Health is transforming how organizations and employees approach health benefits in India. The company's solutions are making significant strides in improving employee well-being, significantly reducing healthcare costs, and streamlining HR processes for better productivity and engagement.