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Loop Health

YC W20 · Active · Modern & comprehensive health insurance plan for employees in India

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About Loop Health

Loop Health is a new type of healthcare provider in India combining high-quality primary care and insurance for employers. Employees get unlimited primary care visits at our asset-light clinics, alongside traditional hospitalization insurance. During YC, we grew from 0 to $85,000 ARR with 200% MoM growth. We serve 22 companies and 5500 members across Pune. Employers pay us $15/member/year and we make an additional $25 on prescriptions, lab tests, and hospitalization referrals. Our total gross margins are 70%. 200MM Indians are covered with employer-funded health insurance, representing a $8 billion dollar market opportunity, growing at 27% CAGR. Indian employers are dissatisfied with their health benefits today because insurance in India only covers hospital stays, not doctor visits – and only 8% of their employees will ever use the benefit in the year. With Loop, employers can offer a more engaging health benefit that includes doctor visits and telemedicine, alongside traditional hospital coverage, for about the same price. Because their employees have better access to doctors, we can also offer lower insurance premiums.

YC batch
W20 · Winter 2020
Status, per YC
Active
Category
Other
Team size
27
Location
MH, India
Checked
33m ago

YC tags: Healthcare, Insurance, Primary Care

Loop Health in W20: 228 companies, 29% AI

Loop Health: questions

Which YC batch was Loop Health in?

Loop Health was in Y Combinator's Winter 2020 batch (W20).

Is Loop Health still active?

Y Combinator lists Loop Health as active.

Where is Loop Health based?

Loop Health lists MH, India as its location on YC's directory.

Sources: each program's public company list, read twice a week. Not affiliated with Y Combinator or any other program. Logos via logo.dev; trademarks belong to their owners.

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