Daily Markup #645: ALLCARE offers tailor-made health benefits for entrepreneurs, freelancers, consultants and gig workers, and more from this week

Credit: The Independent Investor

Caring for the neglected

  • Today, there are about 1.5 million Filipino freelancers offering their services on international platforms. Apart from freelancing, they are embarking on non-traditional careers such as being full-time entrepreneurs, consultants, and gig workers.
  • Regardless of skill and industry, all of them experience one common issue: they don’t receive health benefits as they aren’t regular employees of a company. No one should be denied heathcare simply because of how they choose to make a living!
  • Cindy Burdette and her Co-founders saw this gap in 2017 and launched 500-backed healthcare platform ALLCARE to provide those outside the traditional employment market with the health benefits they deserve.
  • ALLCARE is acting as an aggregator of health benefits including life and accidental death insurance, dental care, optical care, and more.
  • “The beauty of our model is that we are a middle-man platform where our primary job is to provide options, automate the process and make it as convenient as possible for all stakeholders and use the data to interpret and improve,” shared Cindy, ALLCARE’s CEO. “This is definitely a scalable task and one where we are excited about because the bigger ALLCARE gets, the better the platform and services become!”
  • What’s more, ALLCARE sets itself apart from traditional healthcare providers by providing people with only the exact coverage they need. Instead of selling premium products with excessive coverage that most people don’t ever use, ALLCARE offers benefits with lower coverage and shorter terms.
  • How does ALLCARE decide which health products to connect their customers to? The answer lies in data. By looking at historical membership utilization across several benefits, the team tailors plans that account for a customer’s specific budget and needs.
  • “There’s so much we can do on the platform including empowering members to at some point create their own plan or maybe add-remove certain parts of their membership,” Cindy explained. “We also want to provide special access to different types of users reflective of their use cases. So, a lot can be done on the technology as well as on the product/package side.”
  • So, what is ALLCARE up to these days? “Our main focus right now is to acquire as much of the Philippines as we can because the market here for both freelancers, gig workers, and SMEs is huge!” she said. “We have even received several partnership-offers with other benefits partners abroad and these are looking very interesting for us.”
  • Read the full feature story here.

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