Health In Tech Launches AI-Powered Stop-Loss Placement Platform, HitRix
Health In Tech (Nasdaq: HIT) has launched a new version of its platform, HitRix, designed to streamline the process for placing self-funded medical stop-loss insurance. Built on Health In Tech's eDIYBS system, HitRix allows brokers to submit data once and automatically route it across multiple carriers in one consistent format, reducing errors from reformatting. The AI-powered platform automates document parsing of claims-related information into structured submissions, enabling faster quote comparisons for brokers. It also provides a centralized dashboard where brokers can track the status of each submission, compare carrier proposals side-by-side, and manage communication with underwriters in real time. This integration aims to reduce inefficiencies caused by fragmented systems. HitRix is intended to improve transparency between brokers and carriers while offering performance analytics for brokers on competitive metrics such as win rates and market positioning.
