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January 18, 2019 at 01:24 PM
Independence Holding Company today announced that it has acquired a “web-based entity” that is helping about 4,000 active users generate price quotes for individual major medical insurance shoppers.
The web broker is also helping producers get the consumers enrolled in individual coverage, and it’s in the process of setting up a quoting and enrollment tool aimed at producers in the small-group market, IHC said.
IHC did not name the entity that sold it the web broker operation.
(Related: 5 Things a Short-Term Medical Issuer Executive Sees Out There Now)
The list of companies with prominent individual major medical web broker operations includes eHealth Inc., Health Insurance Innovations Inc. and HealthSherpa. Many other organizations also have the HealthCare.gov certifications needed to help consumers enroll in the health plans offered through HealthCare.gov.
IHC is a Stamford, Connecticut-based company that’s active in the group life, disability, pet insurance and supplemental health markets. Its HealtheDeals.com site sells products such as short-term health insurance and hospital indemnity insurance.
