Sympl Benefits logo — We help businesses save $1,000 per employee per year on bene...

Sympl Benefits

We help businesses save $1,000 per employee per year on benefits costs with better plan designs and member education.

Founded 2018 United States Grand Rapids, United States 10 employees Insurance, Health insurance +1

General Information

Company Name Sympl Benefits
Founded Year 2018
Location United States Grand Rapids, United States +1
Employees 10
Industries Insurance, Health insurance, Human Resources
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About Sympl Benefits

Sympl Benefits is a startup revolutionizing the way businesses approach employee benefits. Their slogan "We help businesses save $1,000 per employee per year on benefits costs with better plan designs and member education," encapsulates their core mission. The company's innovative approach involves shedding light on healthcare providers who deliver high-quality care while effectively managing costs through transparent upfront procedure pricing. This novel idea involves accredited providers submitting total cost for each episode of care prior to the procedure. Sympl Benefits' team of Symplifiers assists employees with scheduling, second opinions, and coordinating payment while engaging in a transparent pricing process that results in a full waiver of patient responsibility. Their approach helps employees recover without concern over medical bills. Notably, plan sponsors typically save 30-40% per procedure compared to traditional network agreements. One key aspect of Sympl Benefits' offering is the ability to add Sympl Care to any self-funded health plan while retaining existing network contracts. Founded in 2018, the company operates within the Insurance, Health insurance, and Human Resources industries. While specific headquarters information and the details of their last investment and investors are not currently available, Sympl Benefits' disruptive approach to healthcare cost management presents a compelling opportunity for potential investors seeking to support innovative solutions within the healthcare and employee benefits sectors.

Taxonomy: Healthcare Cost Reduction, Employee Benefits, Health Insurance Solutions, Medical Billing, Price Transparency, Self-funded Health Plans, Procedure Pricing, Transparent Pricing, Medical Negotiation, Reference Based Reimbursement, Integrated Health Solutions, Healthcare Incentives, Healthcare Coordination, Employee Education, Healthcare Provider Evaluation

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FAQ About Sympl Benefits

We help businesses save $1,000 per employee per year on benefits costs with better plan designs and member education.
Sympl Benefits was founded in 2018.
Sympl Benefits is headquartered in Grand Rapids, United States.
Sympl Benefits operates in the following industries: Insurance, Health insurance, Human Resources.
Sympl Benefits has approximately 10 employees.
Top alternatives and competitors to Sympl Benefits include HST, A MultiPlan Company, HENRY The Dentist, Self Fund Health, FlexCare Digital Health, Vitori Health. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sympl Benefits and HST, A MultiPlan Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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