TruRisk, LLC is an American-based health care data research and development company established in 1996, specializing in assisting group life insurers in accurately underwriting group life and long term disability (LTD) insurance. The company offers clinical statistical models to help underwriters set premium rates by calculating clinical factors and cost estimates for group insurance products. With a 15+ year history of successfully lowering loss ratios, TruRisk aims to deliver a high return on investment with modest initial and ongoing expenditures for its clients.
TruRisk's services include identifying low-risk groups for potential discounts and high-risk groups for premium adjustments, ultimately aiding insurers, employers, and other businesses in leveraging health care data for informed decision-making. The company's management consulting services are tailored to meet the evolving needs of organizations utilizing health care data for financial, marketing, administrative, and performance improvement processes. TruRisk utilizes the power of collected data to build unique models that align with clients' specific organizational requirements.
With a focus on the insurance and health insurance sectors, TruRisk's headquarters is located in the United States. While no recent investment information is available, the company's track record and expertise position it as a key player in the intersection of health care data, insurance, and risk assessment.