Quip, manufacturer of electric toothbrushes, is taking advantage of its latest acquisition to launch a dental insurance alternative to customers in New York this summer. Called Quipcare, the service runs on the back of Afora, a startup alternative to dental insurance that Quip acquired last May.
With Quipcare, the goal is to modernize the dental experience, Quip CEO Simon Enever told TechCrunch.
“People are used to being able to pick up their phones to book, pay and track all aspects of their daily life,” Enever said. “We believe that transparency is something we can bring to dentistry. “
Additionally, the plan is to make pricing more transparent so people know exactly what they will be paying before treatment. Two services are part of this launch: Quipcare and Quipcare +.
Basic Quipcare uses a pay-as-you-go model that allows you to find dentists in the In-Quip network, view pre-negotiated rates for non-preventive care in advance, pay for care, earn reward points and view dental records. Quip says Quipcare patients can expect prices 30-40% lower than the average dental care in their area. Enever said Quipcare may be an option for people without insurance or those with insurance who have already reached their annual maximum.
Quipcare +, on the other hand, is a preventative care plan that costs $ 25 per month. Quipcare + includes two preventive health checks per year, as well as x-rays. This plan is more for people without dental insurance, however, Quipcare + is not necessarily cheaper.
In San Francisco, I pay around $ 7 per month for dental insurance through my employer. But even if I didn’t go through my insurer, Covered California says I could get a comparable plan with preventive exams covered for $ 16.06 per month. What you basically pay extra for are transparent pricing and the booking platform. Quipcare + is similar to One Medical in that you pay primarily for the convenience. One Medical isn’t cheaper than having regular insurance by any means, but the convenience they offer via app-based same-day appointments and a plethora of locations can’t be beat.
Quipcare is rolling out this summer in New York and plans to roll out more widely next year. Thanks to the acquisition of Afora, Quip already has hundreds of suppliers on board for Quipcare. And before launching Quipcare, Quip already had 40,000 providers on its Dental connection Platform.
“The key here is to work with vendors who are committed to making the search, reservation and payment experience as good as possible,” Enever said.
Quip started out as a subscription electric toothbrush service that replaces toothpaste and brush heads, in part because you are apparently supposed to change toothbrush every three months. But Enever has said for years that Quip’s mission has always been to provide an end-to-end solution that simplifies preventative care. Quipcare is just that.
To date, Quip has raised over $ 60 million in funding from Sherpa Capital, TriplePoint Capital, NFP Ventures and others.