CEO, Fred Turner, Featured in STAT News: The Covid-19 Test Maker That Pivoted to Being a Health Insurance Company
2 Minutes
Team Curative
Dec 13, 2022
Curative’s Chief Executive Officer and co-founder of Curative, Fred Turner, was featured in STAT+, an award-winning news platform known for its in-depth biotech, pharma, policy, and life science coverage. The article highlights the company’s rise to prominence during the COVID-19 pandemic and its recent pivot to health insurance.
“Curative officially received its insurance license in Texas this past summer and has put up $27 million of its own cash to cover the first three years of operations, according to documents filed with Texas insurance regulators. “Roughly 10 employers in the state will be using Curative as their health insurer next year,” Turner said.”
Curative’s new employer-sponsored health plan was initially launched in Austin, Texas, and plans to expand nationwide. Its differentiator? Curative’s health insurance plan offers $0 copays and $0 deductibles for all in-network services upon completion of a Baseline Visit within 120 days of enrollment.
“The main draw for workers at companies that choose Curative: They don’t owe a dime for any care they get at in-network doctors and hospitals, as long as they complete an hour-long health assessment every year. “There is this view in the U.S. that says, ‘Oh, well, if you don’t charge people to go to the doctor, they’ll just spend all of their time in the doctor’s office,’” Turner said. ‘People have better things to do.’”
"And so what we’re trying to do is: Invest in people in the first year, expand access to care, make it easy to go and get preventive care, and make a plan that is actually easy to understand."
The health plan is available to employers with 51+ employees and aims to improve the health outcomes of plan members through costs of transparency and ease of use. To learn more about Curative’s story, insights gleaned throughout the COVID-19 pandemic, and mission to revolutionize America’s health care system, visit the full article at STAT+.
Visit curative.com to subscribe to Curative’s email newsletter and receive the latest health plan information.
THIRD PARTY LINKS: This blog contains links to other third-party websites. Such links are only for the convenience of the reader, user or browser; Curative and its affiliates do not recommend or endorse the contents of the third-party sites.
NOT LEGAL ADVICE: The information provided on this blog does not, and is not intended to, constitute legal advice; instead, all information, content, and materials available on this site are for general informational purposes only. Information on this website may not constitute the most up-to-date legal or other information.
