Surety Health launches new mass marketing campaign
Helping businesses and individuals navigate the ICHRA (Individual Health Coverage Reimbursement Agreement) program.
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BOCA RATON, Fla., July 12. 10, 2022 (GLOBE NEWSWIRE) — Surety Health, Inc., a national health insurance agency, with operations in Palm Beach County, Florida, is launching a mass marketing campaign to brand and acquire a large chunk of close of 50 million new health insurance policyholders projected by the US Treasury, HHS, and Labor departments, due to HR 1628 passed by Congress.
The ICHRA (Individual Health Coverage Reimbursement Agreement) effective 1/1/2020 allows businesses of any size to purchase a separate group policy for employees who pass a minor health examination. This in turn helps businesses, individuals and families reduce health insurance premiums by 50-60%, providing employers and employees with tax benefits similar to the Affordable Care Act (ACA) with an immediate election period.
The founders of Surety Health, with over 60 years of industry experience, plan to develop 200 new jobs and offer a streamlined policy lineup that emphasizes quality, policyholder persistence with protections superior to the competition. Surety Health’s leading insurer enjoys 85% policyholder retention in the first 18 months of issue. This type of persistence is a far cry from the industry average retention rate of 45%.
The types of plans offered by the Company have gained greater acceptance by state insurance commissioners in recent years. In 2021, the company ranked as a semi-finalist (70 out of 3,300) in Pepperdine University’s prestigious Most Fundable Company competition that was offered to the university five years ago by Forbes and is now in the top 100 out of more than 4,000 companies in 2022, semi-finalists of the competition.
J. Stephen Leach, CEO of Surety Health, is very grateful for Surety Health’s vision, as the industry has become chaotic with major online providers and the hustle and bustle of licensed agents having to hammer potential policyholders with products. poor quality and overpriced. Surety Health is growing as a major player and “first-in” leader in this field.
The Company invites business owners or qualified individuals wishing to take advantage of tax legislation or interested in reducing healthcare costs by 50-60% with a win-win solution to contact Surety Health by visiting their website – www.surety-health.com.
The company has a 2021 burst valuation of $5.1 million and current offerings for investors can be viewed in the company’s private placement memoranda which are available upon request.
Note: The above press release is provided for informational purposes only and does not constitute a solicitation or offer to sell securities. For more information about the company, please contact us directly via email: stephenleach61@gmail.com.
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