Health In Tech's Upgraded eDIYBS Unlocks Large-Employer Underwriting with Speed and Scale
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This breakthrough enables brokers serving employers with 150 or more employees to seamlessly upload claims files in a variety of formats—pictures, PDFs, spreadsheets—and HIT's AI document intake engine almost instantly reads, organizes, and processes the data. The result, following an accelerated underwriting process resulting from the use of this technology: accurate, bindable quotes delivered in rapid time, across both small and large-employer segments on a single platform.
"For small employers, eDIYBS already cut the purchase process for traditional quotations from approximately 14 days to just about two minutes," said
"We're not just talking about using technology differently - we're actually doing it," Johnson added. "This isn't about incremental improvements. We've fundamentally redesigned how healthcare insurance gets bought at scale." [Watch the Video]
Key Enhancements in the Large-Employer Upgrade
- Seamless claims uploads: Brokers can drag and drop claims experience data directly into the platform, enabling faster and more accurate underwriting for 150+ employee employers.
- Speed and scale for large employers: Quotes that once took months are now delivered in around a couple weeks, setting a new industry benchmark for large-group healthcare insurance.
- Redesigned quoting interface: Intuitive navigation with embedded compliance checkpoints improves efficiency and accuracy across complex cases.
- Reduced broker workload: Smart automation minimizes manual entry and human error, freeing brokers to focus on client strategy.
Expanding Into a Larger Market
With this expansion, Health In Tech moves beyond its established small-employer base into the much larger and higher-value mid- and large-employer segments, significantly increasing its total addressable market. By unifying underwriting for all employer sizes into one seamless platform, HIT is positioning itself as the exchange for healthcare insurance at scale.
Use of Forward‑Looking Statements
Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the
About Health In Tech
Health In Tech (Nasdaq: "HIT") is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.
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View original content:https://www.prnewswire.com/news-releases/health-in-techs-upgraded-ediybs-unlocks-large-employer-underwriting-with-speed-and-scale-302563516.html
SOURCE Health In Tech
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