Curative, a healthcare services company that has developed a distinctive employer-based health insurance plan, has successfully raised $100 million in new funding. Established in 2020 by CEO Fred Turner and CTO Isaac Turner, Curative set out to reimagine health insurance. Its model emphasizes unmatched simplicity, enhanced engagement, and cost transparency, featuring a competitive monthly premium and $0 out-of-pocket costs for members who complete a Baseline Visit within 120 days of their plan's effective date.
This significant capital infusion reflects investor confidence in Curative's innovative approach and its potential to reshape the health insurance landscape. The company's unique offering aims to address common challenges in healthcare access and affordability for employers and their workforces. Curative currently serves employers headquartered in Georgia, Florida, and Texas, with its network accessible to members nationwide. The company has also consistently maintained an AM Best rating of A- for three consecutive years, underscoring its financial stability and operational reliability.
The newly secured funds are earmarked to support Curative's ongoing operations and to accelerate its strategic growth initiatives. This investment is anticipated to play a crucial role in expanding the reach of its employer-based health insurance plan into additional markets, building upon its established presence. Curative aims to continue its mission of simplifying healthcare access and providing transparent, cost-effective solutions, further solidifying its position as a key player in the evolving healthcare services sector.
