Nayya is a data science and AI-driven software company that brings personalization and data-driven insights to the benefits experience.
A lot has changed since the company was founded two years ago, but the same challenges still exist for consumers when it comes to their health and benefits. 1 in 3 American workers don’t understand the benefits they have chosen during enrollment and even worse, more than half (58%) of employees would not be able to cover unexpected out-of-pocket medical costs of $1,000 or more.
That’s what makes Nayya truly unique, our products are designed to not only educate and empower consumers about their benefits, but provide the transparency to protect against financial duress. We’re the only platform in the space that offers a complete benefits experience platform, providing our customers with personalized decision support and year-long benefits guidance for their employees.
Our products and services personalize the benefits experience for consumers – taking into account their lifestyle, unique needs, attributes, financial profile and more to make benefit recommendations that make sense for the individual.
Insurance companies, human resources teams, and benefits firms have historically made decisions from a book of ten million plan-holders, ten thousand employees, or a thousand customers. At Nayya, we’re utilizing data on 300+ million consumers, spanning financial, health, behavioral, and other types of information to convert a big-box, actuarial world much more actual and specific.
Nayya helps consumers save money. Not only during enrollment but throughout the entire year, guiding consumers to take advantage of their benefits in a way that helps put dollars back into the household through automated claims assistance that uncovers cost-savings opportunities, prescription savings alerts and wellness reminders.
In today’s reality, change is drastically needed in how employers support their employees when it comes to benefits. In order to meet this new demand, our Series B funding allows Nayya to innovate faster and provide much needed relief at a higher scale.