Loop Health: Redefining Healthcare in India, One Loop at a Time

Loop Health: India’s First Health Assurance Company – Health insurance is a common and essential benefit that employers provide to their employees. However, traditional health insurance plans often have limitations, such as high premiums, low coverage, or poor customer service. Moreover, health insurance only covers the expenses when the employees are sick or injured, but does not help them prevent or manage their health conditions.

Loop Health

Details of the startup:

  • CITY: Pune
  • STATE: Maharashtra
  • STARTED IN: 2019
  • FOUNDERS:  Amrit Singh, Mayank Madhav Kale, Ryan P Singh and Shami Raj
  • NUMBER OF INVESTORS : 20
  • LATEST ROUND INVESTMENT : ₹1900.00M
  • TOTAL INVESTMENT : ₹2969.44M
  •   TOTAL SECURED LOANS AVAILED :Nil

You can find their website here.

Loop Health is a new type of healthcare provider in India that aims to solve these problems by combining high-quality primary care and insurance for employers. Loop Health offers group health insurance plans from prominent insurers, bundled with a virtual primary care experience through an in-house medical team and network of other service providers. Loop Health calls this model Health Assurance, which is focused on preventing sickness rather than just reacting to it.

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How Loop Health Works

Loop Health works with employers to design customized group insurance plans that suit their budget and needs. Loop Health partners with trusted insurers, such as HDFC Ergo, ICICI Lombard, and Star Health, to provide comprehensive hospitalization coverage for the employees and their families.

In addition to insurance, Loop Health also provides unlimited primary care visits at their asset-light clinics, which are located in key regions like Pune, Mumbai, Bangalore, Delhi NCR, and Hyderabad. Employees can also access Loop Health’s medical advisors 24/7 via the Loop Health app, WhatsApp, or phone, for any health or insurance queries. Loop Health’s medical advisors are trained and experienced doctors who can provide diagnosis, prescription, referral, or consultation for various health issues.

Loop Health also offers preventive healthcare services, such as wellness sessions, health index, employee assistance program, and mental health counseling. These services are designed to help employees improve their physical and mental well-being, as well as prevent or manage chronic conditions, such as diabetes, hypertension, or heart disease.

Loop Health also provides HR solutions, such as easy enrolment, claims dashboard, HRMS integrations, and monthly reporting. These solutions help employers manage their benefits effectively, reduce their administrative hassles, and track their health outcomes.

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Why Loop Health is Different

Loop Health is different from other health insurance providers in India in several ways, such as:

  • Loop Health combines insurance and care, which means that employees get both financial protection and health improvement from one provider.
  • Loop Health uses data, technology, and medical expertise to provide personalized and proactive care, which helps employees catch diseases early and avoid complications.
  • Loop Health is transparent and empathetic, which means that employees get clear and honest information, as well as compassionate and respectful service, from Loop Health’s team.
  • Loop Health is affordable and flexible, which means that employers can choose from various plans and options, and pay competitive rates, for their health benefits.
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What Loop Health Achieves

Loop Health achieves several benefits for both employers and employees, such as:

  • Loop Health improves productivity and retention, by keeping employees healthy, happy, and engaged at work.
  • Loop Health reduces premiums and costs, by preventing or reducing hospitalizations, claims, and expenses.
  • Loop Health enhances employer brand and reputation, by showing that employers care about their employees’ health and well-being.
  • Loop Health transforms healthcare in India, by creating a new system that is focused on health assurance rather than health insurance.
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Loop Health is India’s first health assurance company that provides group health insurance and preventive healthcare services to employers. Loop Health’s vision is to build a healthcare experience where doctors truly care about their patients, proactively manage their health, and help families find affordable treatments. Loop Health is revolutionizing healthcare by combining group health insurance with preventive care to keep people healthy and more engaged and productive at work.

Ready to break free from the reactive cycle and join the Loop revolution? Visit their website or download the app today to learn more and start your journey towards a healthier you.

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