Gravie

New Study: 89% of Employers Considering ICHRAs for Health Benefits Solution Over Next Three Years

Retrieved on: 
Thursday, September 14, 2023

MINNEAPOLIS, Sept. 14, 2023 /PRNewswire/ -- Gravie, one of the nation's fastest growing health benefits innovators, is releasing a new study in partnership with Wakefield Research that highlights a growing interest in Individual Coverage Healthcare Reimbursements Arrangements (ICHRAs) among employers, even though some barriers are prohibiting them from offering this type of solution today.

Key Points: 
  • Before taking the survey, approximately half (49%) of the respondents had not heard of ICHRA, but most showed interest in learning more.
  • With medical trends increasing, the ability of employers to set a defined contribution towards their employees' health benefits is a major part of the appeal.
  • While more benefits leaders are giving ICHRA a strong look as a potential new or expanded health benefits solution, many are stretched for time and resources.
  • Many employers rely heavily on brokers to bring them creative benefits ideas and, now more than ever, employers are seeking new options.

Gravie Names Andrew Reeves Senior Vice President and General Manager of Gravie ICHRA

Retrieved on: 
Wednesday, August 30, 2023

MINNEAPOLIS, Aug. 30, 2023 /PRNewswire/ -- Gravie, one of the nation's fastest growing health benefits innovators, announced today the hiring of Andrew Reeves as the company's first-ever senior vice president and general manager of Gravie ICHRA (Individual Coverage Health Reimbursement Arrangement).

Key Points: 
  • MINNEAPOLIS, Aug. 30, 2023 /PRNewswire/ -- Gravie, one of the nation's fastest growing health benefits innovators, announced today the hiring of Andrew Reeves as the company's first-ever senior vice president and general manager of Gravie ICHRA (Individual Coverage Health Reimbursement Arrangement).
  • Reeves' appointment comes at a time when the HRA Council reports that ICHRA adoption has tripled since 2020.
  • In his new role, Reeves will leverage Gravie's longtime leadership in the ICHRA space to expand into key markets across the country.
  • In addition to Gravie ICHRA, Gravie also sells its flagship group product called Comfort® to employer groups of various sizes.

Gravie Names Dr. Greg Burrell as Company's First Chief Medical Officer

Retrieved on: 
Thursday, December 15, 2022

MINNEAPOLIS, Dec. 15, 2022 /PRNewswire/ -- Gravie, the leader in health benefits innovation, today announced the hiring of Dr. Greg Burrell as the company's first-ever chief medical officer.

Key Points: 
  • MINNEAPOLIS, Dec. 15, 2022 /PRNewswire/ -- Gravie, the leader in health benefits innovation, today announced the hiring of Dr. Greg Burrell as the company's first-ever chief medical officer.
  • Prior to joining Gravie, Dr. Burrell served as vice president of clinical solutions & operations at Accolade, a leading provider of personalized healthcare, serving over 10 million members and their families.
  • Dr. Burrell received his medical degree from the University of Chicago, and completed his residency at the University of California, San Francisco.
  • As chief medical officer, Dr. Burrell will develop and lead Gravie's care strategy, building innovative clinical programs and ensuring that members are happier and healthier as a result.

Gravie Names Industry Innovator Kevin Kickhaefer as President and Chief Growth Officer

Retrieved on: 
Tuesday, November 15, 2022

MINNEAPOLIS, Nov. 15, 2022 /PRNewswire/ -- Gravie, the leader in health benefits innovation, today announced the addition of Kevin Kickhaefer as president and chief growth officer.

Key Points: 
  • MINNEAPOLIS, Nov. 15, 2022 /PRNewswire/ -- Gravie, the leader in health benefits innovation, today announced the addition of Kevin Kickhaefer as president and chief growth officer.
  • Kickhaefer's hiring is a reflection of Gravie's incredible growth trajectory and evolution into one of the strongest disruptors in the industry.
  • Kickhaefer comes to Gravie with extensive healthcare leadership experience, and his strong track record will help fuel Gravie's continued momentum.
  • Prior to joining Gravie, he was the CEO of Consumer Medical, a leading shared medical decision and second opinion service.

New Study Shows Consumer Concern for Rising Healthcare Costs This Open Enrollment Season

Retrieved on: 
Tuesday, October 4, 2022

MINNEAPOLIS, Oct. 4, 2022 /PRNewswire/ -- On the cusp of open enrollment season, consumers are concerned about the high costs impacting their access to healthcare, increasing medical debt and the lack of mental health coverage, according to results from a new nationwide survey by Gravie and Wakefield Research.

Key Points: 
  • Payment for services was another concern, with 91% of consumers stating they have experienced an obstacle related to payment for healthcare services.
  • "The evidence is clear -- consumers are feeling the pinch of a broken healthcare system in truly tragic ways,"saidMarek Ciolko, Gravie co-founder and co-CEO.
  • Founded in 2013, Gravie has long been driving change and improving the healthcare industry by creating innovative employer-sponsored health benefits that put consumers first.
  • Comfort, Gravie's flagship product, is the nation's first-of-its-kind health plan that provides 100% coverage on most common healthcare services, at a cost comparable to traditional group health plans.

Gravie Partners with Industry Leaders to Offer Members a Suite of Digital Health Solutions that Enhance the Health and Wellness Journey

Retrieved on: 
Tuesday, September 20, 2022

MINNEAPOLIS, Sept. 20, 2022 /PRNewswire/ -- Innovative health benefits company Gravie announced today new plan perks that will be available to all Gravie health plan members, including digital fitness from FitOn and Peerfit, virtual care through Teladoc Health and digital physical therapy for musculoskeletal issues through Sword. These value-added services will be available to new and renewing Gravie members at no additional cost.

Key Points: 
  • These value-added services will be available to new and renewing Gravie members at no additional cost.
  • For many employers, especially small and medium-sized businesses, digital health solutions have typically been out of reach.
  • The partners selected also share Gravie's vision in prioritizing great user experiences for members with a personal touch.
  • Mental health care includes clinical services such as psychiatry and therapy visits, and non-clinical services such as mental health coaching and digital programs.

Gravie Pay™ Expands Broadly to Gravie Health Plan Members

Retrieved on: 
Thursday, September 1, 2022

MINNEAPOLIS, Sept. 1, 2022 /PRNewswire/ -- Gravie announced that beginning today, it will broadly expand Gravie health plan members' access to Gravie PayTM, an interest-free, pay-over-time solution that members can use to pay for any medical bill subject to their out-of-pocket responsibility, whether planned or unexpected. The solution is a pioneer in the healthcare industry and was inspired by buy now, pay later services in other industries that continue to soar in popularity with consumers. The expansion follows a yearlong pilot of Gravie Pay.

Key Points: 
  • "With Gravie's Comfort plan, our members can already access most of their primary care with no out-of-pocket cost, and now with Gravie Pay, they will have a flexible way to pay for the rest of their healthcare expenses.
  • Gravie's flagship health plan, Comfort, boasts an impressive list of no-cost services, ensuring members are rarely responsible for out-of-pocket expenses.
  • No credit check will be required for Gravie Pay, and members will be able to seamlessly access this service to pay for eligible expenses under their health plan for medical bills planned or unexpected.
  • After paying their provider with Gravie Pay, members will be able to select a monthly repayment plan that works for them, paying at their own pace without fees or interest.

Gravie Successfully Completes Its Soc 2 Type 1 Attestation

Retrieved on: 
Friday, June 3, 2022

MINNEAPOLIS, June 3, 2022 /PRNewswire-PRWeb/ -- Gravie, a health benefits company that's improving the way people purchase and access healthcare, announced today that it has successfully completed its SOC 2 Type 1 report, in accordance with attestation standards established by the American Institute of Certified Public Accountants (AICPA).

Key Points: 
  • SOC 2 is an internationally recognized compliance standard for service organizations, developed by the AICPA, which specifies how companies should manage and maintain customer data.
  • "We couldn't be prouder to announce we have successfully completed our 2022 SOC 2 Type 1 audit," said Sarah Schott, Gravie's CAP and general counsel.
  • Gravie's achievement of a clean SOC 2 report provides assurance of its trustworthiness with customer data.
  • Services provided include SOC 1, SOC 2, SOC 3, SOC for Cybersecurity, CSA STAR, HIPAA/HITECH, ISO 27001, CMMC, PCI-DSS, HITRUST CSF, Microsoft SSPA Attestation, Penetration Testing, GDPR, CCPA and more.

Gravie Launches Interest-Free Pay-Over-Time Option for Members' Medical Expenses

Retrieved on: 
Wednesday, August 18, 2021

MINNEAPOLIS, Aug. 18, 2021 /PRNewswire/ -- Gravie today announced the launch of Gravie Pay, a new pay-over-time option members can use to pay for medical expenses that are subject to their out-of-pocket responsibility.

Key Points: 
  • MINNEAPOLIS, Aug. 18, 2021 /PRNewswire/ -- Gravie today announced the launch of Gravie Pay, a new pay-over-time option members can use to pay for medical expenses that are subject to their out-of-pocket responsibility.
  • Gravie's flagship health plan, Comfort, boasts an impressive list of no-cost services, ensuring members are rarely responsible for out-of-pocket expenses.
  • For those less common situations, Gravie Pay offers a way to ease the financial burden and provide even more peace of mind.
  • No credit check or additional approval will be required for Gravie Pay, and members will be able to seamlessly access this service to pay for eligible expenses under their health plan for medical bills planned or unexpected.

Innovative Health Benefits Company, Gravie, Announces Two New Vice Presidents

Retrieved on: 
Thursday, July 22, 2021

MINNEAPOLIS, July 22, 2021 /PRNewswire/ -- Gravie announced today that two industry leaders have joined the growing health benefits company: Tina Armstrong, vice president of operations and compliance, and Mike Lenz, vice president of network management.

Key Points: 
  • MINNEAPOLIS, July 22, 2021 /PRNewswire/ -- Gravie announced today that two industry leaders have joined the growing health benefits company: Tina Armstrong, vice president of operations and compliance, and Mike Lenz, vice president of network management.
  • "Having their expertise as part of our growing team will help Gravie continue to reimagine health benefits and bring new solutions to brokers, employers and members."
  • In her newly created role at Gravie, she will help lead operations and compliance, as well as lead the ICHRA (Individual Coverage Health Reimbursement Arrangement) with Gravie health plan.
  • Gravie has been at the forefront of driving change and improving the healthcare industry by creating innovative employer-sponsored health benefit solutions that put consumers first.