Denver, Oct. 29, 2021 (GLOBE NEWSWIRE) – Friday Health Plans, a health insurance company designed for Americans who buy their own health plans, will mark the start of the open enrollment period in states United in 2022 with strong market expansion and the cheapest, ACA-compliant plans in many of its coverage territories. The company aims to build on its success of the past 18 months, including its over 400% growth in enrollments in 2021 and a $ 160 million fundraising round.
Three new states – Oklahoma, North Carolina and Georgia – will now have access to low-cost, benefit-rich Friday plans, joining Colorado, Nevada, New Mexico and Texas where Friday already operates. In Texas and Colorado, Friday is expanding its presence to cover other regions, bringing the company’s total footprint to seven states and more than 150 counties.
This tremendous growth follows the country’s substantial special enrollment period in 2021, driven by the US bailout, when more than 3.8 million consumers signed up for coverage between February and August. Oklahoma posted record registrations, registrations in New Mexico and North Carolina tripled, and Georgia and Texas posted six-figure gains.
Based on the 2022 tariffs now available in all markets, Friday will be one of the cheapest plans in many health plan categories (bronze, silver, gold), and it will dominate most categories in major regions. such as Oklahoma City, OK; San Antonio, Texas; Savannah, Georgia; Reno, NV; and Greensboro, North Carolina.
The exact benefits depend on the plan selected, but Friday is known for its top key benefits that members consider “extremely important” according to Friday’s 2021 Membership Survey. These benefits include: free and unlimited primary care visits; free and unlimited mental health counseling sessions; free annual vision and well-being checks; thousands of free favorite generics and preventative drugs like vaccines and birth control; free virtual care consultations with doctors and mental health counselors; and free COVID-19 testing and treatment.
Created in 2015 by two healthcare tech veterans, Friday was created specifically to serve individuals, families and small businesses with affordable, convenient and user-friendly healthcare plans. The company plans to further expand its coverage areas in the coming years and continue to reinvest in consumer-centric technologies. Additionally, Friday recently welcomed two new members of the executive team, Joni Walker, CFO, and Michael Gordon, Chief Innovation Officer, who will help guide Friday through its phase of rapid growth.
About Health Friday Plans: Friday Health Plans are specially designed for individuals and small businesses who purchase their own health insurance. The company focuses on overall simplicity to deliver affordable health plans with benefits that help members stay healthy and cover them if they get sick or injured. Operational efficiency, top-notch customer service and smart technology are at the heart of Friday’s consumer-centric approach. All insurance plans and services are offered and administered by authorized affiliates of Friday Health Plans, Inc. For more information and to find a health plan, visit www.fridayhealthplans.com.