- JPMorgan Chase & Co.’s health care arm plans to invest $30 million in a three-year-old health plan administrator called Centivo, a health plan for self-funded employers. Centivo’s model enables employers to offer benefits that include no deductibles, free adult and pediatric primary care, and predictable copayments. The health plan launched in 2019 and has reportedly helped its clients save 15 percent to 30 percent compared to traditional insurance. (Articles here and here)
July 20, 2022
Payers