Decent
Decent is a third-party administrator in Austin, Texas, specializing in level-funded health plans based on the Direct Primary Care model, serving groups of 5 or more employees nationwide.
Services
Decent specializes in administering level-funded health plans for groups with a minimum of 5 employees. Designed around the Direct Primary Care (DPC) model, Decent's health plans emphasize a strong relationship between members and their primary care providers. These plans feature no deductibles, no copays, and no coinsurance when care is coordinated by a DPC provider. Decent provides affordable health plans that are approximately 40% less expensive than traditional health plans, and they serve employers and members nationwide.
Partnerships
Decent collaborates with several partners to enhance their health plans and services. They have partnered with DisclosedRx as their Pharmacy Benefit Manager (PBM) and with Edison as their Third Party Administrator (TPA). Additionally, Decent works with a panel of A-rated domestic Stop Loss carriers to secure the best rates for groups. These stop-loss partners employ multiple AI underwriting tools to return quotes efficiently. Decent also integrates with ecosystem partners like Hint Connect and One Medical to connect patients with DPCs in their local area.
Company Background
Founded in 2018, Decent is headquartered in Austin, Texas. The company has raised $43 million in funding and focuses on providing level-funded health plans that are designed around the Direct Primary Care (DPC) model. By retaining aggregate funds not spent on claims, Decent aims to provide the lowest possible rates while maintaining superior service. The company's health plans are approximately 40% less expensive than traditional health plans and offer benefits like no deductibles, copays, or coinsurance when guided by DPC providers.
Unique Health Plan Features
Decent's health plans stand out due to several unique features. They are built around the Direct Primary Care (DPC) model, which emphasizes a strong relationship between members and their primary care providers. The plans include no deductibles, copays, or coinsurance when care is coordinated by a DPC provider. Additionally, Decent retains aggregate funds not spent on claims to offer the lowest possible rates. These plans are around 40% less expensive compared to traditional health insurance options, making them an attractive choice for groups of 5 or more employees with no maximum group size.