Core Insights - Health In Tech (HIT) has announced a significant expansion of its Enhanced Do-It-Yourself Benefit System (eDIYBS) to include mid- and large-employer markets, enhancing its underwriting capabilities and reducing quoting timelines [1][4]. Group 1: Product Enhancements - The upgraded eDIYBS allows brokers serving employers with 150 or more employees to upload claims files in various formats, enabling HIT's AI to process data almost instantly [2][6]. - For small employers, the purchase process for traditional quotations has been reduced from approximately 14 days to about two minutes, and for large employers, the timeline has been cut from several months to typically 10–14 days [3][6]. Group 2: Market Expansion - This expansion allows HIT to move beyond its established small-employer base into the larger mid- and large-employer segments, significantly increasing its total addressable market [4][8]. - By unifying underwriting for all employer sizes into one platform, HIT positions itself as a key player in the healthcare insurance market at scale [4][8]. Group 3: Operational Efficiency - The new system features seamless claims uploads, which enable faster and more accurate underwriting for employers with 150+ employees [6]. - The redesigned quoting interface includes intuitive navigation and embedded compliance checkpoints, improving efficiency and accuracy across complex cases [6].
Health In Tech's Upgraded eDIYBS Unlocks Large-Employer Underwriting with Speed and Scale