Curative Health Insurance Company's Financial Solidity Evaluation Upheld by AM Best for Third Successive Year
In the ever-evolving landscape of health insurance, Curative Insurance Company stands out as a trailblazer, offering an innovative employer-based health plan that eliminates out-of-pocket costs for in-network services[1][2][3]. Founded as a startup, Curative has impressively scaled to nearly 100,000 members within about two years, reflecting both strong market demand and operational effectiveness[1].
Financial Stability and AM Best Ratings
Curative has been recognised by AM Best, a global credit rating agency specialising in the insurance industry, with an A- Financial Strength Rating (FSR) and a "a-" Long-Term Issuer Credit Rating (Long-Term ICR). These ratings signify Curative’s strong ability to meet its ongoing insurance obligations and solid creditworthiness, underscoring confidence in its financial health and operational strength[1]. An A- rating indicates an excellent ability to meet ongoing insurance obligations[4].
Eliminating Financial Barriers to Care
Curative's health plan offers a competitive monthly premium and zero additional costs, providing exceptional value to employers and their employees[3]. Every Curative member qualifies for the $0 deductible and $0 copay for in-network care and preferred prescriptions by completing a Baseline Visit within 120 days of the plan effective date[1][2]. This unique feature greatly enhances affordability and simplicity for members.
Overcoming Operational Challenges
Despite its rapid growth, Curative faced operational challenges, such as inefficiencies and administrative complexity stemming from its legacy core administrative processing system (CAPS). To overcome these hurdles and support sustainable expansion, Curative partnered with HealthEdge and implemented the HealthRules® Payer platform[1]. This cutting-edge solution delivers automation, real-time data management, and flexible rule-based processing, enabling Curative to scale efficiently while maintaining a seamless experience for its members.
Transforming Health Insurance
Curative's mission is to transform health insurance by eliminating financial barriers to care and guiding members throughout their health journey[1]. Its strategic investments in innovative features such as the Curative Zero Card and the PPO-Max offering have supported its unique business model[2]. Curative can be found online at https://curative.com and on various social media platforms such as Facebook, Instagram, X, and LinkedIn[2].
For more information about Curative Insurance Company, visit https://curative.com. Media inquiries can be directed to Mackenzie Light at [email protected][3].
Footnotes:
- Curative Health Insurance press release, [date]
- Curative Insurance Company website, [accessed on date]
- AM Best press release, [date]
- AM Best, [A- Financial Strength Rating definition], [accessed on date]
- Utilizing advanced technology like the HealthRules® Payer platform from HealthEdge, Curative Insurance Company aims to ensure operational efficiency and manageable growth, supporting their mission to eliminate financial barriers to care and transform the health insurance industry.
- Equipped with an 'A- Financial Strength Rating (FSR)' and a '"a-" Long-Term Issuer Credit Rating (Long-Term ICR)' from AM Best, Curative demonstrates robust financial stability, which in turn bolsters investor confidence in the company's health and wellness and business endeavors.
- To secure cost advantages while maintain access to necessary healthcare services, AI and finance platforms may offer synergistic solutions that combine AI-driven predictions for personalized health solutions with intelligent investment opportunities for long-term health and wellness outcomes.
