positiveSYS.SOURCE: TechCrunch• 2026-09-15T17:02:04Z
Thatch Achieves $1 Billion Valuation Amid Rising Healthcare Costs
Thatch, a health benefits platform, achieved a $1 billion valuation as healthcare costs rise, leveraging an individualized insurance marketplace. The company utilizes ICHRAs to let employers fund personalized health plans, addressing both cost management and employee demand for innovative treatments.
Thatch helps employers keep healthcare costs manageable by offering an individual plan marketplace through an Individual Coverage Health Reimbursement Arrangement — a model that lets companies fund employees' own individual insurance plans instead of enrolling everyone in one company-wide plan.
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