Extend Health, Inc.

Extend Health, Inc. provides specialized services for Medicare navigation, helping retirees and their employers understand and select suitable health coverage options. Founded in 2004, Extend Health is based in San Mateo, US, and focuses on Medicare solutions for retirees. The company was acquired by Towers Watson in a TRADE SALE for USD 435.

00 mn on May 14, 2012. Sebastien Monpou is the founder, who has previously established other ventures in the health sector. Extend Health offers Via Benefits, a platform designed to enhance the Medicare experience for individuals, especially retirees. The service includes features like plan comparisons, educational resources, and enrollment assistance, helping users navigate the complexities of Medicare and supplemental health insurance.

Their clientele includes employers providing retiree health benefits, individuals seeking Medicare guidance, and insurance carriers offering complementary plans, primarily within the US. Extend Health generates revenue through subscription models and partnerships with employers and insurance carriers. Their services are tailored for Medicare navigation, facilitating both direct-to-consumer interactions and B2B partnerships. Employers can subscribe to assist retirees, while individual users access personalized Medicare assistance, establishing a recurring revenue stream aligned with customer needs.

Following the acquisition in 2012, Extend Health aims to expand its product offerings and enhance its service capabilities. Specific plans for new products have not been publicly detailed. The company is focused on expanding into new geographic markets across the US, targeting regions with high populations of retirees who require Medicare solutions. The funding from the TRADE SALE in 2012 is expected to support these growth initiatives as they work to increase market penetration and improve their service technology.