Zen99, a provider of tax and insurance tools for independent workers, announced today that it now offers affordable health insurance plans in 47 states through its partnership with GetInsured, the nation's easiest way to shop for health insurance.
In addition, the company has secured nearly $2.5 million in seed funding to expand its core team and create additional products to support the rapidly growing US freelance workforce. Investors include Upside Partnership, Collaborative Fund, Y Combinator, SV Angel, CrunchFund and others.
"Opportunities abound for those exploring alternatives to the standard 9-to-5 job; from ride sharing to microgigs to traditional contract service work, we’re finding that people are increasingly drawn to the freedom, flexibility and self-reliance of the freelance lifestyle. But with contract work comes more paperwork, and no HR department to help you sort through the logistical and legal requirements that come with it," said Tristan Zier, CEO and co-founder of Zen99.
By partnering with GetInsured, freelance workers across the country — a segment expected to reach more than 40 percent of the workforce by 2020 — can now search for and enroll in affordable health insurance plans for themselves and their families.
Through Zen99, contractors can track earnings, expenses and mileage, find simplified insurance options and estimate their eligibility for tax credits that can substantially reduce the cost of health insurance, all in one place.
"The Affordable Care Act has made health insurance affordable and extremely beneficial for independent workers, but for many health insurance is still one of the most confusing topics they face," said Chini Krishnan, GetInsured co-founder and CEO.
"Through our partnership with Zen99, the process is made simple — so people can find the right health insurance plan for their needs and budget while ensuring they comply with federal laws."