Loop Health

Loop Health is revolutionizing healthcare in India by providing a comprehensive and modern health insurance plan tailored for employees. The company uniquely integrates high-quality primary care with traditional insurance benefits for employers. Through its asset-light clinic network, Loop Health offers employees unlimited access to primary care consultations, complementing their existing hospitalization insurance coverage.

During its time at Y Combinator, Loop Health experienced significant growth, scaling from zero to $85,000 in Annual Recurring Revenue (ARR) with a remarkable 200% month-over-month growth rate. The company currently serves 22 companies and supports 5,500 members in Pune.

Loop Health's revenue model involves charging employers $15 per member per year, with additional revenue generated from prescriptions, lab tests, and hospitalization referrals, contributing to a total gross margin of 70%.

With 200 million Indians covered by employer-funded health insurance, the market represents an $8 billion opportunity, exhibiting a Compound Annual Growth Rate (CAGR) of 27%. Loop Health addresses the dissatisfaction of Indian employers with current health benefits, which primarily cover hospital stays. By offering a more engaging health benefit that includes doctor visits and telemedicine alongside hospital coverage at a comparable price, Loop Health provides a superior solution. Improved access to doctors also enables Loop Health to offer lower insurance premiums.