Texicare Enhances Health Care Options for Small Businesses in Texas

News Summary

Texicare has secured $240 million in funding from Texas Mutual, totaling $300 million to improve health care access for small businesses in Texas. With plans tailored specifically for businesses with fewer than 50 employees, they aim to bridge the gap where 68% of small businesses do not currently offer health insurance. Features include $0 visits, unlimited virtual care, and partnerships with local healthcare providers to ensure employees receive effective care solutions.

Big News for Small Businesses in Texas!

Hello there, residents of Texas! Are you ready to hear some great news that could shake things up for our small businesses? Well, listen up! Texicare has just announced they’ve landed a whopping $240 million in new funding from Texas Mutual. That brings the total funding to an impressive $300 million! Now that’s a sizeable amount that could lead to some real change around here.

What’s Texicare up to?

If you’re not familiar, Texicare is on a mission to transform how small businesses in Texas access health care. Last year, they rolled out their health care plans in cities like Lubbock, Amarillo, Midland, Odessa, Houston, and El Paso. Yes, indeed! Their plans are specifically tailored for smaller companies—those with less than 50 employees. Plus, they have exciting expansion plans in the works that will reach even more areas by 2025.

Why should small businesses care?

Here’s a startling fact: a whopping 68% of small businesses in Texas currently don’t offer health insurance to their employees. This creates a tremendous opportunity for Texicare to step in and offer accessible options that can benefit the health and wellbeing of our hardworking Texans. With over 15,000 small businesses registered in El Paso County alone, Texicare aims to provide these entities with affordable healthcare solutions tailored for them.

Unique Offerings Galore!

So, what sets Texicare’s plans apart from the rest? For starters, their Essential Care plan provides four $0 visits to healthcare providers each year! Imagine that—no fees for those essential check-ups. They also offer unlimited virtual care, meaning employees can consult a doctor without ever leaving the comfort of home. Talk about convenience! On top of that, their Savings Care plan allows employees to make tax-free contributions into a health savings account, making it a smart way to manage health expenses.

Building Strong Partnerships

To enhance their offerings, Texicare has formed partnerships with well-regarded local healthcare providers like The Hospitals of Providence in El Paso, as well as CirrusMD, which offers telehealth options. They’re even working with TempoPay to provide flexible payment solutions for health care bills, making it easier for employees to handle costs.

Community Feedback Promising

The early buzz from small business owners has been incredibly positive! Many are noting that Texicare’s plans are not only beneficial but also user-friendly, ensuring employees can access the care they need without any hassle.

Getting Started with Texicare

In Conclusion

It’s clear that Texicare is on the right path toward creating a healthier and more vibrant Texas by addressing the health care needs of small businesses. With all these enhanced offerings and strong financial backing, the future looks incredibly bright for small businesses wanting to provide their employees with affordable healthcare solutions. Just remember, a happy workplace leads to a thriving business!

Deeper Dive: News & Info About This Topic

• Business Wire: Texas Mutual Approves Additional $240 Million for Health Affiliate Texicare
• OAOA: Texicare Brings Health Care Plans to El Paso
• Business Wire: Texicare Brings Innovative Health Care Plans to El Paso
• Amarillo Globe-News: Business News First United Bank in 2024 Best Banks to Work For
• Wikipedia: Health care in the United States