Remodel Health’s acquisition of PeopleKeep marks a milestone in employee health benefits, combining expertise and innovation to revolutionize SMBs’ approach. Offering expanded choice, enhanced flexibility, and streamlined administration, the merger creates a comprehensive solution. CEO Austin Lehman emphasizes personalized attention and efficient automated solutions to serve a broader clientele, from startups to established businesses.
Today, Remodel Health announced its acquisition of PeopleKeep, a leading provider of Individual Coverage Health Reimbursement Arrangements (ICHRAs). The financial terms of the acquisition were not disclosed.
This acquisition signals a significant shift in the landscape of employee health benefits. By merging their industry-leading expertise, diverse solutions, and dedication to personalized service, Remodel Health aims to revolutionize how small and medium-sized businesses (SMBs) approach employee health and well-being.
Crafting an Integrated Solution for Employers:
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This acquisition catapults Remodel Health to the forefront of the Individual Coverage Health Reimbursement Arrangements (ICHRA) market. ICHRAs offer employers and employees greater flexibility in navigating the Health Insurance Marketplace. By combining Remodel Health’s high-touch service proficiency with PeopleKeep’s innovative automated solutions, this merger provides SMBs with:
– Expanded Choice: Access to a broader array of insurance options and ICHRA solutions, empowering them to craft tailored benefits packages that attract and retain top talent.
– Enhanced Flexibility: Greater control over health benefit expenses and the ability to accommodate diverse employee requirements through personalized ICHRAs.
– Simplified Administration: Streamlined benefits management through a blend of white-glove and automated solutions, ensuring a seamless experience for both employers and employees.
Austin Lehman, CEO of Remodel Health, commented, “The integration of Remodel Health and PeopleKeep ensures our clients benefit from the best of both worlds — the personalized attention of Remodel Health’s white-glove service, now complemented by the efficiency and innovation of PeopleKeep’s automated solutions. This acquisition broadens the range and depth of our services and software, ultimately enabling us to serve a wider spectrum of clients, from startups to established businesses.”