University Health Plans, Inc.

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University Health Plans, Inc. - overview

Established

1991

Location

Randolph, MA, US

Primary Industry

Insurance

About

University Health Plans, Inc. provides specialized health insurance solutions for college and university students, focusing on dental and vision coverage to support their unique healthcare needs in Massachusetts. Founded in 1991 in Randolph, US, University Health Plans, Inc. specializes in health insurance for students.


The company was acquired by RSC Insurance Brokerage, Inc. in January 2017. There have been no reported changes in business strategy or operations. University Health Plans, Inc.


specializes in providing health insurance solutions tailored specifically for college and university students in Massachusetts and their dependents. Their core product offerings include dental and vision insurance plans designed to meet the unique healthcare needs of this demographic. The dental insurance plans aim to ensure that students have access to necessary oral healthcare, while the vision insurance plans address the eye care requirements of students, promoting overall wellness in their academic pursuits. These products are crafted with the understanding that students often face financial constraints, thereby allowing them to receive essential health services without excessive out-of-pocket expenses.


The company primarily serves students enrolled in colleges and universities throughout the state of Massachusetts, focusing on enhancing student health outcomes and providing peace of mind to both students and their families. Revenue generation for University Health Plans, Inc. is driven through direct-to-consumer transactions related to their various insurance products. Students and their dependents can enroll in the company’s insurance offerings, which may operate under different pricing structures, such as annual subscriptions or semester-based plans.


Customers engage with the company through their educational institutions, where they can submit waiver forms or enroll directly in the school’s health insurance plans. The structure of these transactions emphasizes the firm’s focus on individual consumers rather than B2B partnerships. This model allows for tailored solutions that meet the specific needs of students, ensuring they can access affordable dental and vision care plans. The company does not have publicly disclosed information regarding new product launches or expansion into new markets post-acquisition.


The financial terms of the acquisition by RSC Insurance Brokerage, Inc. in January 2017 were not disclosed, and there is no current information available on how funding will be utilized to support growth initiatives.


Current Investors

Risk Strategies

Primary Industry

Insurance

Sub Industries

Consulting Services, Insurance Intermediaries

Website

www.universityhealthplans.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

University Health Plans, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedUniversity Health Plans, Inc.-

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University Health Plans, Inc. - employee data

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