Marpai Announces “Off-Cycle” New Client Agreement
Source: Marpai (Nasdaq: MRAI), 3/5/2024
Tampa — Marpai, Inc., an independent national Third-Party Administration company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, announced that it has signed a three-year agreement to provide healthcare benefit services to a regional organization based in the southeast.
The agreement commenced this month, and it is expected to bring at least 20,000 households by the end of 2024.
John Powers, Marpai’s President, commented, “We are very pleased to bring on a new client, especially off the normal calendar year cycle of benefit plan contracts. Marpai’s custom solution and ability to move quickly to service the client, while offering significant cost savings, was crucial in Marpai winning the new business. We believe that our vision of providing affordable healthcare and solid member experience is resonating with the market as companies continue to struggle with inflationary pressures.”
About Marpai, Inc.
Marpai, Inc. is a leading, national TPA company bringing value-oriented health plan services to employers that directly pay for employee health benefits. Primarily competing in the $22 billion TPA sector serving self-funded employer health plans representing over $1 trillion in annual claims. Marpai works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna and all TPA services. Visit marpaihealth.com.
FROM ATTORNEY
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