Zoop Benefits provides a zero-cost employee benefits platform that enhances existing health insurance by offering supplemental coverage, including 24/7 virtual care and mental health services, without copays or deductibles. By utilizing payroll tax savings, the platform reduces healthcare expenses for both employers and employees, improving access to essential health services and increasing overall employee satisfaction.
Funding
Funding not disclosed
Founders
Product
Problem
Many companies struggle to provide comprehensive employee benefits due to high costs and complex plan structures, leading to employee dissatisfaction and difficulty attracting and retaining talent. Employees often face high out-of-pocket healthcare expenses, such as copays and deductibles, which can deter them from seeking necessary medical care.
Solution
Zoop Benefits offers a zero net cost employee benefits platform that supplements existing health insurance coverage. The platform provides access to 24/7 virtual primary and urgent care, in-person urgent care visits, prescription discounts, lab services, and mental health counseling, all without copays or deductibles. By leveraging payroll tax savings, Zoop Benefits reduces healthcare expenses for both employers and employees while improving access to essential health services. The platform also includes a tax-free retirement account option, further enhancing the overall benefits package.
Target Audience
Zoop Benefits targets employers with 10 or more employees who are looking to enhance their benefits package, reduce healthcare costs, and improve employee satisfaction.
Features
- 24/7 virtual primary and urgent care with $0 copay, providing unlimited access to US-based licensed physicians.
- In-person urgent care visits with $0 copay at 16,000 locations nationally (3 visits annually).
- Prescription coverage including 1,300+ generics with $0 copay and access to 68,000 retail pharmacies, including free mail order.
- Unlimited family access to lab services via Quest Diagnostics with $0 copay, covering over 1,600 comprehensive lab tests.
- Unlimited mental health counseling with $0 copay, offering 24/7/365 access to U.S. based, masters level licensed clinicians.
- Health concierge services providing care navigation, cost of care price transparency, and hospital bill reduction assistance.
- Tax-free retirement account with guaranteed issue, portability, and cash value.
- Mobile app for vitals scanning, measuring heart rate, heart rate variability, oxygen saturation, respiration, stress index, and blood pressure.