Core Insights - Health In Tech has announced a collaboration with Verdegard Administrators to enhance the support provided to brokers and employer groups in the self-funded health insurance market [1][3] - The partnership aims to leverage Health In Tech's Enhanced Do It Yourself Benefit Systems (eDIYBS) platform to streamline operations and improve efficiency [1][3] Company Overview - Health In Tech is an Insurtech platform company that utilizes third-party AI technology to improve processes in the healthcare industry through vertical integration, process simplification, and automation [4] - Verdegard Administrators is a licensed third-party administrator owned by MedImpact, managing prescription benefits for over 20 million members and processing tens of billions in annual drug transactions [2] Collaboration Benefits - The collaboration allows Verdegard to access advanced digital tools and real-time quoting capabilities, which will enhance operational efficiency and provide greater control and transparency for brokers and employers [2][3] - Health In Tech's eDIYBS platform enables faster and more accurate quoting and implementation of self-funded health plans, benefiting brokers and employers with agility and cost savings [3] Market Positioning - Verdegard's scale and purchasing power help lower drug prices for employer groups, making it advantageous for cost-conscious small businesses [2] - The partnership emphasizes both companies' commitment to modernizing the self-funded insurance industry and delivering technology-driven solutions to stakeholders [3]