Delsure Health Insurance

Delsure Health Insurance

Health Insurance Redefined.
Will pay the entire claim.
Open network.
No pre-authorization.

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Security Type
Preferred Stock
Categories
Other
Min Investment
$30
Offering Date
January 21, 2020
Expected Close Date
July 03, 2020
Target Raise
$99.99K-$1.07M
Deal Notes

$30.00 per share

$100K+ pro rata right threshold

Valuation
$2,550,000

Company Description

We are an health insurance startup ramping up to provide service in Delaware. Once licensed by the Department of Insurance in Delaware we will be the first startup health insurer in over 50 years.

Perks

Invest $250+ for 1 Delsure Tee-Shirt
$500+ 1 Delsure Hoodie
$1,000+ 2 Delsure Hoodies
$10,000+ 3 Delsure Hoodies + 3 Delsure Tee-shirts

Key Deal Facts

A fundamental redesign of the health insurance model
No deductibles / co-pay / co-insurance. Absolutely no financial liability for members apart from premiums
Payment to providers at time of service
Very Competitive pricing
Open network
Socially responsible model
Allows members and providers full control of healthcare decisions
Will provide full support to patients requiring inpatient hospital care.

Use of Proceeds

If $99,990 is raised:

92.5% Working capital (payroll, admin expenses, office space, marketing) 7.5% Wefunder intermediary fee

If $1,070,000 is raised:

92.5% Working capital to allow us to sell up $5M of insurance (payroll, admin expenses, office space, marketing, legal fees) 7.5% Wefunder intermediary fee

Management Team / Advisory Board Bios

Abbas Bayat
Founder, CEO
Experienced executive with 3 university degrees. Raised funds multiple times and generated substantial returns. Previously president of a $500 million division of a Fortune 100 public company.

Dr. Alidad Arabshahi
Chief Medical Officer
Major ENT practice in North Virginia. Founded rapidly growing Medical Billing and Analytical Company

Amir Alemzadeh
Board Member, Strategic Adviser
Co-founder and Co-president of major primary care clinic in North Virginia with over 15,000 patients.

Deal Notes

$30.00 per share

$100K+ pro rata right threshold

Amount Raised : $13,950
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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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