This startup provides an affordable health insurance and wellness benefits marketplace specifically for the hospitality industry. Their platform offers comprehensive health plans with low co-pays and competitive premiums, enabling small businesses to provide essential care for their teams while managing costs effectively.
Funding
$1.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BCFounders
Product
Problem
Independent hospitality businesses often struggle to provide comprehensive and affordable health insurance and wellness benefits to their employees due to tight margins and the complexities of navigating traditional insurance options. This results in a significant portion of hospitality workers being uninsured or underinsured, impacting their well-being and potentially leading to financial instability.
Solution
OS Benefits provides a health insurance and wellness benefits marketplace designed specifically for the hospitality industry, offering affordable and accessible solutions for small businesses. Through its OSB Association membership, businesses gain access to pre-negotiated benefits, including ACA-compliant health insurance plans with low co-pays and competitive premiums. The platform also offers a range of wellness benefits, such as mental health resources, telehealth services, and access to culinary tools, all aimed at supporting the holistic health of hospitality employees. By leveraging the collective bargaining power of a large group, OS Benefits enables small businesses to offer benefits comparable to those of larger corporations, improving employee retention and overall business performance.
Target Audience
The primary target audience includes independent restaurants, hospitality businesses, and entertainment venues looking to provide affordable and comprehensive health insurance and wellness benefits to their employees.
Features
- ACA-compliant health insurance plans with options for low or zero deductibles
- Access to a wellness marketplace with benefits ranging from family planning to mental health resources
- Optional add-ons for dental and vision coverage
- Virtual primary care and behavioral health services included in health insurance plans
- Membership to the OSB Association, unlocking access to a network of benefits and perks
- Streamlined enrollment process for employers with simple account setup and employee information upload
- Personalized dashboard for employees to manage their benefits and access resources