What You Should Know:
– Remodel Health announced today the acquisition of PeopleKeep, a leading provider of Individual Coverage Health Reimbursement Arrangements (ICHRAs). Financial details of the acquisition were not disclosed.
– The acquisition marks a new era in employee health benefits. By combining industry-leading expertise, diverse solutions, and a commitment to personalized service, Remodel Health is positioned to revolutionize the way SMBs approach employee health and well-being.
Building a Comprehensive Solution for Employers
The acquisition propels Remodel Health to the top position in the Individual Coverage Health Reimbursement Arrangements (ICHRA) market. ICHRAs offer employers and employees increased flexibility in navigating the Health Insurance Marketplace. The combined entity brings together Remodel Health’s white-glove service expertise with PeopleKeep’s innovative automated solutions. This powerful union offers SMBs:
– Greater Choice: Access to a wider range of insurance options and ICHRA solutions, empowering them to design customized benefits packages that attract and retain top talent.
– Enhanced Flexibility: Increased control over health benefit costs and the ability to cater to diverse employee needs through personalized ICHRAs.
– Streamlined Administration: Simplified benefits management with both white-glove and automated solutions, ensuring a seamless experience for employers and employees.
“The fusion of Remodel Health and PeopleKeep ensures our clients will experience the best of both worlds—the personalized attention of Remodel Health’s white-glove service, now complemented by the efficiency and innovation of PeopleKeep’s automated solutions,” said Remodel Health CEO Austin Lehman. “This acquisition expands the breadth and scope of our services and software, ultimately enabling us to serve more clients in the various stages of business from when they first start up and as they grow.”