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Gravie

Health Tech & Medtech · Minneapolis, United States · Founded 2013

Gravie is a health benefits company that aims to revolutionize the industry by offering simple, straightforward, and cost-effective health plans. The company operates in the health insurance market, serving both individual members and employers, with a particular focus on small and midsize businesses. Gravie's primary offering is a health plan called Comfort. Unlike traditional health plans, Comfort has no deductible and zero copays for most common healthcare services. This means that members can access the healthcare they need without worrying about unexpected costs. The plan also includes benefits such as virtual musculoskeletal care and virtual mental health treatment. In addition to providing health coverage, Gravie also offers a payment solution called Gravie Pay. This allows members to pay for their healthcare needs interest-free, further reducing the financial burden of healthcare. Gravie's business model is centered on providing value to its members and their employers. The company claims that compared to traditional plans, Comfort members save on out-of-pocket costs. Moreover, employers who switch to Gravie reportedly spend less on premiums compared to their prior carrier renewal offer. The company also boasts a high retention rate, with more employees choosing the Comfort plan in their second year of offering it. In summary, Gravie is a health benefits company that offers simple, cost-effective health plans and payment solutions to individuals and small to midsize businesses. The company's innovative approach to health benefits aims to reduce the financial burden of healthcare and increase access to necessary services. Keywords: Health Benefits, Health Insurance, Small and Midsize Businesses, Cost-effective, No Deductible, Zero Copays, Virtual Healthcare Services, Gravie Pay, Premium Savings, High Retention Rate.