Healthcare costs in the U.S. are increasing, with the average premium for family coverage reaching nearly $24,000 in 2023. Sounder Benefits, a company launched with $7.5 million in funding, aims to help small and mid-sized employers navigate these rising costs. They offer AI-driven insights and benefits advisory services to help design health benefit plans, focusing on transitioning to level-funded and self-funded plans for savings. Sounder Benefits also leverages employee health data to identify specific health needs and direct them to solutions, like cancer care company Jasper Health. The company differentiates itself by focusing on underserved mid-sized employers and plans to use funding to further develop its services.
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