HEALTH IN TECH
The publicly traded insurtech platform powering self-funded health benefits for brokers, TPAs, and MGUs across 47 states.
Overview
Health In Tech (HIT) is a publicly traded insurtech company (Nasdaq: HIT) that combines AI-enabled self-funded health benefits technology with underwriting capabilities. Founded in 2014 by Tim Johnson, the company operates a marketplace platform -- eDIYBS -- that enables brokers, TPAs, and MGUs to quote and bind self-funded health plans in approximately 2 minutes rather than weeks. Plans are available in 47 US states.
In FY 2025, Health In Tech reported USD 33.3M in revenue (71% year-over-year growth), USD 4.1M adjusted EBITDA, and net income of USD 1.3M -- demonstrating a profitable and rapidly scaling operation. The company serves 858 distribution partners and reported 22,515 billed enrolled employees as of year-end 2025.
Health In Tech differentiates itself through 100% rate transparency with no hidden fees, rapid binding (health applications processed within 24 hours), and a vertically integrated model that includes its own stop-loss product (Stone Mountain Risk) alongside the technology platform.
Products & Services
eDIYBS
Proprietary online quoting and binding platform for self-funded health insurance. Produces bindable proposals in approximately 2 minutes, supporting 12 plan designs with 4-tier rate structures. Health applications are processed within 24 hours.
Key Features
- 100% rate transparency with no hidden fees
- 12 plan designs and 4-tier rate structures per proposal
- Health applications processed within 24 hours
- Available in 47 US states
Target Users: Brokers, TPAs, MGUs
Stone Mountain Risk
Stop-loss insurance product suite including reference-based pricing, group stop-loss captives, community health plans, and association health programs. Launched 100+ pre-configured stop-loss plans in Q1 2026.
Key Features
- Reference-based pricing (Medicare-anchored)
- Group stop-loss captives
- Community health plans
- Association health programs
Target Users: Brokers, TPAs, Employers
HI Card
Standardized healthcare transaction platform using machine learning to facilitate continuous connectivity and information sharing between healthcare providers, brokers, TPAs, insurance companies, employers, and employees. Under redevelopment; features expected by end of 2025.
Target Users: All stakeholders in the health benefits ecosystem
HI-Performance Network
Medicare-based reimbursement pricing network for hospital facilities and providers. Currently under redevelopment.
Target Users: Employers, TPAs
Level-Funded Plans
Level-funded and self-funded health plan options for small and mid-size employers, with ancillary benefits bundling (dental, vision, life coverage).
Target Users: Small to mid-size employers
At a Glance
- Founded
- 2014
- Headquarters
- Stuart, Florida, USA
- Employees
- 51-200
- Funding
- Public (Nasdaq: HIT)
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Quote-to-bind Self-funded health plan administration Stop-loss insurance
- Insurance Verticals
- Health Group Benefits
- Target Customers
- Brokers, MGAs/MGUs, TPAs, Employers
Customers
- Blackhawk Claims Service (Sterling Worrall, Relationship Manager -- testimonial)
- Brokers (858 distribution partners as of FY 2025, 34% YoY growth)
- Third-party administrators (TPAs)
- Insurance carriers and managing general underwriters (MGUs)
- Employers across 47 US states
Similar Companies
-
RRicono, Inc.We power financial operations for insurance distributors.
-
ReeskeAI-powered embedded insurance platform delivering personalized income protection for the digital-first generation. -
Redpear CommunicationsWhatsApp-based insurance distribution platform for African insurers -
rriskineWhite-label digital advisory and sales software for insurance and financial institutions
-
RRetireOneThe leading independent platform for fee-based insurance solutions for RIAs and fee-only advisors.
-
RRetireCoInsurance marketing and distribution for retirement and life insurance solutions.
Last updated: 2026-05-12