[zaroth]

That's pretty awesome growth from the 40 signups NYT reported you had as of March last year! [1] Congratulations on the incredible break-out success.

If the broker's cut is average just $100 / year (WAG) on 110,000 signups, that's ARR of $11 million. Holy shit, nicely done on $1.1m of funding.

Their agent platform [2] nets just $10 per application and gives the agent the full commission, but even just $1m revenue is impressive for the funding level.

Also, can we now officially stop talking about trying to fix the problem from the inside? If this doesn't show that healthcare.gov (and every single other state-exchange) should never have been built in the first place, I don't know what does. It also makes you wonder, does the Fed get that annual broker's commission when you signup fully on healthcare.gov, or do they just give it away to the insurance company?

[1] - http://www.nytimes.com/news/affordable-care-act/2014/03/06/m...

[2] - https://www.healthsherpa.com/agents/features

[nliang86]

It's actually a mix - we are agent of record on a sizable portion, and we process enrollments for insurance companies and agents for the remainder.

Our main goal is to making signing up as easy as possible. Our currently flow is getting individuals through in about 5 minutes, and families in around 10. The revenue will allow us to build many more useful features.

[downandout]

Just out of curiosity, did you drive this massive growth through tons of paid advertising, or some in some organic/viral way?

[will_brown]

>If this doesn't show that healthcare.gov (and every single other state-exchange) should never have been built in the first place, I don't know what does.

I am definitely stepping out on a limb here, but I would imagine HealthSherpa uses the HealthCare.org API and would not have a product offering without Healthcare.org having laid the ground work (i.e. consolidating the insurance plans available and offering the API).