SureCo Market Research Report

Company Overview

• Name: SureCo

• Mission of the Company: To improve the health and well-being of working Americans.

• Founded: The company was officially launched as SureCo in 2016, although its mission began in 2009.

• Founders: Matthew Kim (Co-Founder & CEO), Matt Christopherson (Co-Founder), and Marc Bablot (Founding Board Member).

• Key People:

• Matthew Kim - Co-Founder & CEO

• Matt Christopherson - Co-Founder

• Erik Wissig - Chief Operating & Financial Officer

• Robert Horry - Chief Impact Officer

• Adam Pines - Chief Marketing Officer

• Adam Olson - Vice President of Business Development

• Lindsey Unterberger - Vice President of Product Marketing

• Pete Mannix - Chief Product & Technology Officer

• Jennifer Ross - Director of Enterprise Operations

• Elena Fuentes - Director of Clinical Operations

• John Jenkins - Head of Compliance

• Lori Infuhr - Operations Manager

• Headquarters: No specific location mentioned, but leadership resides in various locations.

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: SureCo is known for advocating changes in healthcare to provide better health outcomes for working Americans by leveraging Individual Coverage Health Reimbursement Arrangements (ICHRA).

Products

Individual Coverage Health Reimbursement Arrangement (ICHRA)

• Description: ICHRA is a solution allowing employers to offer healthcare options by providing pre-tax funds for employees to purchase health insurance on the individual market.

• Key Features:

• Offers access to a wide range of individual plans from over 140 carriers.

• Provides transparent and predictable pricing with potential savings of 15-25% on yearly premiums.

• Full migration management and open enrollment with ACA compliance.

• Award-winning, U.S.-based customer support with easy plan comparison and enrollment.

Enrollment Platform

• Description: An intuitive platform designed to simplify the process for employees to enroll in suitable health insurance plans.

• Key Features:

• Access to individual plans from major carriers, allowing for comparison by type, cost, and providers.

• Supports enrollment into ICHRAs with direct carrier payments.

• Integration capabilities with HRIS and payroll systems.

• Facilitates affordability calculations and non-discrimination checks.

Recent Developments

• New Products Launched: SureCo acquired technology from Hixme to bolster its offerings, particularly in its enrollment platform capabilities.

• New Features Added to Existing Products: No specific new features mentioned besides the existing comprehensive integration and support facilities.

• New Partnerships: SureCo appointed Tom Mafale as Chief Revenue Officer to drive business development and leverage the individual market at scale.

• Other Notable Developments:

• SureCo's efforts have expanded the use of ICHRA beyond small companies to mid-market and larger enterprises.

• Matthew Kim, SureCo CEO, has been featured in discussions highlighting innovations in employee health benefits.

• NBA Champion Robert Horry joined as Chief Impact Officer to advocate for improved healthcare options based on personal experiences.

The above details provide a comprehensive understanding of the strategic direction and product offering of SureCo. This report showcases SureCo's commitment to transforming healthcare through technological advancements and strategic leadership.