Thrizer is a payment platform that enables clients to pay only their co-insurance for out-of-network therapy sessions while managing insurance claims on their behalf, significantly reducing upfront costs by an average of 70%. This solution allows therapists to receive their full session rate immediately, eliminating administrative burdens associated with superbills and reimbursement delays.
Funding
Funding not disclosed
Founders
Product
Problem
Many clients struggle to afford out-of-network therapy due to high upfront costs and complex insurance reimbursement processes. Therapists also face challenges, including administrative burdens related to superbills and delayed payments from insurance companies.
Solution
Thrizer is a payment platform designed to streamline out-of-network therapy payments and insurance claims. For clients, Thrizer reduces upfront costs by enabling them to pay only their co-insurance amount, with Thrizer managing the insurance claim on their behalf. Therapists benefit by receiving their full session rate immediately through the Thrizer Payment Platform, while Thrizer automates claim submissions and handles all interactions with insurance providers. Thrizer also offers a free benefits calculator that allows clients to verify their out-of-network benefits and estimate their reimbursement amount before their first session.
Target Audience
Thrizer targets both therapists seeking to grow their private pay practices and clients who want to access out-of-network therapy while minimizing upfront costs and administrative hassles.
Features
- Instant benefit verification to determine out-of-network coverage
- Automated claim submission for therapists using the Thrizer Payment Platform
- Superbill uploads for clients, with Thrizer managing the claim submission process
- Clients pay only their co-insurance amount at the time of service
- Therapists receive their full session rate upfront
- Free benefits calculator for clients to estimate reimbursement
- End-to-end claim management, including navigating insurance complexities