MINNEAPOLIS, Feb. 10, 2025 /PRNewswire/ -- Gravie, one of the nation's fastest growing health benefits innovators, has named Steve Wolin as the company's new chief executive. Wolin succeeds Gravie Co-founder and CEO Abir Sen, who will continue as chairman of the board of directors. Prior to joining Gravie, Steve was the chief operating officer at Oscar Health.
"I'm incredibly excited for this opportunity to lead Gravie into the future as it continues to revolutionize the employer-sponsored health benefits market—especially for small and midsize firms whose unique challenges the industry has historically ignored," said Wolin. "Gravie has been on a remarkable growth trajectory with a three-year compound annual growth rate of more than 150%, while maintaining some of the best customer satisfaction scores I've ever seen in the employer space. In an industry dominated by a handful of players whose business models no longer support the needs of small and midsize firms, this is Gravie's time."
Gravie's flagship health plan, known as Comfort®, is a level-funded product with zero premiums and zero deductibles on the most common healthcare services, like doctor's appointments, specialists, urgent care, generic drugs, and labs and imaging. Gravie is also the leader in Individual Coverage Health Reimbursement Arrangements (ICHRA), working primarily with small and midsize businesses to help their employees find and pay for the individual market health plan that works best for them.
"With our two core products designed with the smaller employer in mind, we are reimagining health benefits possibilities and working to make sure that the size of a group no longer dictates access to and the cost and value of benefits," said Co-founder & Chairman Abir Sen. "Right from when we launched the company, we have had ambitious goals to improve the healthcare ecosystem. I can't think of a better person to carry that mantle forward than Steve, who also has spent his career challenging the norms in healthcare and making the benefits landscape more inclusive and valuable."
Wolin's immediate focus will be on further expanding Gravie's ICHRA capabilities and its network strategy, and forging new long-term partnerships with national brokerages and channel partners, according to Sen.
Gravie, headquartered in Minneapolis, has raised more than $263 million and currently employs 450 people.
About Gravie
Gravie is the only health benefits company bringing both level-funded and ICHRA health plans to small and midsize employers. Comfort®, Gravie's flagship product, is the nation's first-of-its-kind health plan that provides first-dollar, 100% coverage on most common healthcare services, at a cost comparable to traditional group health plans. Learn more about Gravie at www.gravie.com.
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SOURCE Gravie
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