Oct 2, 2020

Clover Health and Walmart offer zero-premium health cover

Clover Health
Walmart
Medicare
Health cover
William Girling
2 min
Insurtech Clover Health has announced a new partnership with retail giant Walmart to bring citizens of Georgia, USA more affordable health insurance
Insurtech Clover Health has announced a new partnership with retail giant Walmart to bring citizens of Georgia, USA more affordable health insurance...

Insurtech Clover Health has announced a new partnership with retail giant Walmart to bring citizens of Georgia, USA more affordable health insurance.

Available in eight counties to approximately half a million eligible Medicare patients, the collaboration hopes to combine Walmart’s philosophy of low-priced value and Clover’s mission to transform health cover.

The latter company also came sixth in our recent Top 10 insurtech unicorns list. Striving to improve healthcare for both physicians and patients, the company employs a team of software engineers, data scientists and designers to produce a frictionless and people-centric experience.

Founded in 2014, Clover is rapidly gaining popularity; it reported at the start of 2020 that its uptake had outstripped the five-year industry average by 30%.

"The Walmart brand is synonymous with the best value and low prices, and that's exactly what we're doing at Clover," said Andrew Toy, President and CTO of Clover Health. 

"By offering affordable insurance plans with an open network of doctors and hospitals, we are democratising high-quality care and bringing it to individuals and communities that have previously been overlooked by other insurers."

In addition to enabling saving opportunities on specific items and at Walmart stores, the plan itself - LiveHealthy: Clover Powered, Walmart Enhanced (PPO) - includes (but is not limited to) the following benefits at a $0 monthly premium:

  • Unlimited primary care visits
  • 90 and 100-day prescription drugs (Tier 1 and 2)
  • SilverSneakers fitness programme
  • Diabetes monitoring supplies

"Walmart is committed to delivering quality care at affordable prices for our customers, and we are proud to partner with Clover Health to help people get the healthcare they want and deserve," said Marcus Osborne, Senior Vice President of Walmart U.S. Health & Wellness.  

"Providers in Walmart Health will use Clover's data-driven technology, Clover Assistant, to help support the healthcare journey of LiveHealthy members as they live better, healthier lives."

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Jun 16, 2021

Tribe and APOLLO announce national insurance campaign

Tribe
Apollo
campaign
Insurance
2 min
Tribe Property Technologies and APOLLO Insurance have launched a campaign to digitise insurance access across Canada

Tribe Property Technologies in partnership with APOLLO insurance has announced a national insurance campaign to digitise insurance for condominium owners, renters, landlords, and developers across Canada. The aim of the campaign is to make insurance access easier and faster for owners while improving the coverage and protection of condominiums and rental buildings.

According to several surveys, nearly half of 4.5mn rented houses in Canada do not have tenant insurance protection, meaning those individuals and their families are put at risk of fire and water damage. 

What does the national insurance campaign include? 

According to Tribe, the company is working with APOLLO to ensure that this type of insurance is easier to access. It aims to achieve this by introducing a direct connection to APOLLO's insurance technology from both Tribe's strata and condo management platform and rental software to allow for increased education and awareness for owners into insurance risks and options. 

It also includes the future ability for notifications for mid-term cancellations, and plans to offer protection from potential strata/condo corporation deductibles, Tribe said. 

"We are excited to partner with APOLLO to bring accessibility, visibility, and education around insurance options to our communities and reflect the current lifestyle expectations of condo owners and residents while protecting the value of their biggest assets", said Joseph Nakhla, Chief Executive Officer of Tribe. 

Nakhla added: “This agreement with APOLLO is just the first step under our Digital Services & Partnerships revenue pillar. We will continue to layer on services to drive revenue for Tribe, and bring convenience and savings for our users, with the goal of being able to offer a one-stop-shop to our development partners and the over 100,000 residents in Tribe-managed communities”.

APOLLO uses technology as a channel between insurance brokers, carriers, and their mutual clients, offering insurance options from multiple companies on one integrated online platform.

"We like that Tribe is taking a fresh approach to condo living and building smart homes through tech-enabled service, and an integration with their Community Platform supports our goals of making insurance more accessible and supporting the needs of communities”, said Jeff McCann, Chief Executive Officer of Apollo.

 

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