Ferona

At Ferona, we are making health insurance more affordable for small businesses by helping business owners band together to negotiate better group health insurance rates. As of 2022, 45% of small businesses in the U.S. are not able to offer employer-sponsored health insurance, primarily due to premium costs - costs that have only skyrocketed since the pandemic. Ferona aims to bring affordable, high-quality health care back into the realm of possibility for small businesses. SMB owners can join a health insurance pool through the Ferona platform, and Ferona then takes care of the rest, managing registration, administrative, compliance, and reporting requirements for these health insurance pools.