Health In Tech Inc
healthintech.comWhat Do They Do?
Runs an online marketplace where employers arrange self-funded health plans and stop-loss insurance, and provides plan design, medical underwriting and related services to employers and insurance carriers.
10-K for FY2025, filed Mar 25, 2026Health in Tech (“HIT”) is an AI-enabled insurance technology platform company, which offers a marketplace that improves processes in the…View ↗
Marketplace: We are a health insurance marketplace where insurance companies can list various stop-loss policy options for self-funded…View ↗
SMR: SMR is a program manager specializing in customized self-funded benefits plans for businesses. It designs health plans, selects…View ↗
ICE: ICE is an MGU, which specializes in underwriting and providing administrative functions on behalf of stop loss carriers. ICE assists…View ↗
How Do They Make Money?
Employers pay service fees for plan design and administration, while stop-loss carriers pay for underwriting services. Payments begin when a policy takes effect and are due monthly during its term.
10-K for FY2025, filed Mar 25, 2026We are a health insurance marketplace where insurance companies can list various stop-loss policy options for self-funded benefits plans.…View ↗
ICE has contractual relationships with carriers. ICE underwrites a stop-loss insurance policy and processes claims per the respective…View ↗
Program and platform management services: As a part of the Company’s overall insurance marketplace, SMR is a program manager specializing…View ↗
Payments required throughout the duration of the policy start once a policy has become effective, and are subsequently due on policy…View ↗
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10-K for FY2025, filed Mar 25, 2026
FY2025 revenue by product or service ↗
$33.3M
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10-K for FY2025, filed Mar 25, 2026
$33.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Revenues from underwriting modeling (ICE)
Recurring
10-K for FY2025, filed Mar 25, 2026 |
21% |
Revenues from underwriting modeling (ICE), FY2025
$6.9M Sources
|
Recurring |
|
Revenues from fees
Recurring
10-K for FY2025, filed Mar 25, 2026 |
79% |
Revenues from fees, FY2025
$26.5M Sources
|
Recurring |
Who Are Their Customers?
Employers arrange self-funded health plans through licensed brokers on the marketplace. Stop-loss carriers contract directly with ICE for underwriting and related services.
10-K for FY2025, filed Mar 25, 2026
Do Revenues Turn Into Profits?
Yes. It kept 4 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Mar 25, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 13, 2026
−$2.5MView ↗
- ▼ Now a loss
- vs $630.6K in Q2 FY2025
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Aug 13, 2026
Reaffirmed 2026 revenue outlook and secured first employer for three-year pricing program
The company reaffirmed revenue guidance of $45 million to $50 million and said it secured its first employer group for a three-year rate stabilization program.
Sources
8-K, filed Aug 13, 2026
With five more months remaining in 2026, the Company expects to continue expanding its Pipeline Revenue through new product launches and…View ↗
Who Do They Compete With?
Competes with UnitedHealth Group, The Cigna Group, CVS Health, Elevance Health, and Humana
10-K for FY2025, filed Mar 25, 2026Our competitors include insurance carriers that provide self-funded insurance products and related administrative services to employers…View ↗
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