MedCity News
Doctor On Demand, Community Health Choice launch virtual primary care plan in Texas
The telehealth company and managed care organization are launching a new HMO plan on the Texas health insurance exchange. The virtual-first plan is designed for those who do not qualify for Medicaid or Medicare.
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Virtual care company Doctor On Demand has joined forces with Texas-based managed care organization Community Health Choice to launch a new HMO plan. The plan, which is centered on virtual primary care, will be available on the Texas health insurance exchange.
Called Virtual Bronze, the plan is the first-of-its-kind available in Texas. It is designed to give those who do not qualify for Medicaid or Medicare a comprehensive coverage option at a lower price point, said Lisa Wright, president and CEO of Community Health Choice, in an email.
New dates for the National Medicare Supplement Insurance Summit have been set by the American Association for Medicare Supplement Insurance (AAMSI)."The postponed Medigap industry Summit will take place September 8-10, 2021," announced Jesse Slome, AAMSI's director and organizer of the industry conference. The site remains the Schaumburg, IL Convention Center
Aviram also serves as a co-founder and CEO of OrCam, which focuses on developing products that are designed for the visually and hearing impaired, and sees MediCane as yet another company “whose job is to help humanity,” which is true also for the autonomous vehicle company Mobileye, which he founded along with Prof. Amnon Shashua. Recently, Calcalist revealed that OrCam which was founded in 2017 - during the same year that Mobileye was sold to Intel for a valuation of $14.5 billion - has plans to raise an additional $200 million at a valuation of around $2 billion. Venture capital sources estimate that after that investment round, the company will head for an initial public offering on Wall Street at a $3 billion valuation.
Clover began trading on Jan. 8. Photography courtesy of Nasdaq|, Inc.
When going public is a company’s ultimate goal, the method of doing so isn’t the most important factor.
Consider Clover Health Investments, which provides Medicare Advantage health plans to 57,000 members. The six-year old start-up began the process of going public over the summer, preparing for two scenarios: a traditional initial public offering and a merger with a blank-check company, according to a spokeswoman.
In October, Clover was far down the road with a traditional IPO and had made a number of filings with the Securities and Exchange Commission, according to Andrew Toy, Clover’s co-founder, president, and chief technology officer. The insurtech chose to combine with
If you’re close to retirement, you’ll have several financial issues to consider. But you’ll want to pay attention to one of the most important of these issues: health care costs.