Ideon Press Releases
June 26, 2019
Decent Leverages Vericred Platform to Distribute Affordable Health Insurance to the Self-Employed
**NOTE: Ideon is the company formerly known as Vericred. Vericred began operating as Ideon on May 18, 2022.**
NEW YORK–(BUSINESS WIRE)–Decent announced today a new partnership to distribute — through the Vericred platform — its affordable health plans for self-employed people in Austin, Texas, to hundreds of brokers, quoting platforms and online insurance marketplaces.
Vericred is a data services company connecting its health plan partners, such as Decent, with InsurTech platforms that are transforming the way health insurance is quoted, sold and enrolled. Rather than build one-to-one connections with each individual InsurTech company to enable the exchange of plan design, rate, and network data, Decent is leveraging Vericred’s platform to do so.
“Self-employed people need affordable health insurance. Decent is partnering with Vericred to bring it to them, in Texas and beyond,” said Decent CEO Nick Soman. “We heard from several digital insurance companies that Vericred is the easiest, most streamlined way to ensure our plans are accurately represented across their platforms. This partnership makes it a no-brainer for online brokers and insurance exchanges to add Decent’s market-leading plans.”
Decent’s ACA-compliant, off-exchange plans include the Austin market’s lowest-premium bronze-level plan for most self-employed enrollees who don’t qualify for ACA subsidies, and an affordable silver-level plan with low monthly premiums.
“Working with Vericred enables Decent to focus its resources on building the best health insurance products for the gig economy instead of developing technology to work with brokers and other InsurTech companies,” said Michael W. Levin, Vericred’s co-founder and CEO. “By partnering with Vericred, Decent has immediate access to all of the tech companies on the platform, and those companies to the Decent products.”
This partnership will also benefit Vericred’s customers, who, through Vericred’s modern API, may now quote and sell Decent’s affordable coverage plans.
Decent (www.decent.com) administers affordable health plans for self-employed people — including sole proprietors, freelancers, and independent (1099) contractors. Plans are designed around unlimited direct primary care (DPC), which is built into members’ monthly premium. Decent plans are currently available in Austin, Texas. For more information visit www.decent.com or find us on Twitter, Facebook and LinkedIn.
Vericred (www.vericred.com) is building infrastructure for the digital distribution of health insurance and employee benefits. The Vericred platform serves as a data translation layer between insurance carriers and technology companies that are transforming the way health insurance and employee benefits are quoted, sold, enrolled and managed. Vericred offers robust solutions for technology companies focused on the under 65 individual, Medicaid and Medicare markets, as well as the group market. For more information visit www.vericred.com or interact with us on Twitter, Facebook and LinkedIn.