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Self-funded healthcare platform

Self-funded healthcare platform. THE PROBLEM. Healthcare for small companies today is expensive. OBSCURE. Premiums. Actual Care Costs. Traditional Premium Model. Insurance Premium. THE SOLUTION. Self-funded healthcare on a self-service platform for small companies.

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Self-funded healthcare platform

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  1. Self-funded healthcare platform

  2. THE PROBLEM Healthcare for small companiestoday is expensive

  3. OBSCURE Premiums Actual Care Costs

  4. Traditional Premium Model Insurance Premium

  5. THE SOLUTION Self-funded healthcare on a self-service platform for small companies

  6. Make Insurance Company Profits Your Savings

  7. Self-funded Insurance

  8. Benebay Value Proposition We’ll change how SMBs think about insurance Simplified self-funding on our digital platform Insurance company profits become your savings Automated administration for more savings

  9. Benebay Solution Self-fundedhealthcare Provideraccess Cost-saving automation Intuitive user experience Designed forsmall employers Cutting-edge technology

  10. Market Potential TAM Target in 18 mo. SAM SOM 50M 16M 1.1M 3K $76B $5.2B $12M $240B Health benefits for total employees in small companies the whole USA Health benefits for small companies employing 25 to 100 people Health benefits for small companies in FL First pool of customers

  11. Competitive Landscape Self-funded Large companies Small companies Fully-insured

  12. Benebay Business Model Outsourced services and fees Benebay platform fee Claims expense and stop-loss insurancepremium Benebay carries no risk of medical expenses

  13. Traction • Benzer Pharmaceuticals • 340B Technologies • HIPnation • Facility One Technologies • Casino Scouts Our First Clients 12 Months Projected Revenue: $500k

  14. Distribution Partners • Professional Employer Organizations (PEOs) • HR and Benefits Management Platforms • Administrative Services Providers • Small Business Platforms • Broker Distribution *Benebay budgets customer acquisition cost at $100 per member which includes industry standard $50 distribution partner commission per member and $50 sales cost.

  15. CHANDLER RAPSON J.S. GAGNON Chairman CEO Chandler is Co-Founder and Managing Partner of RainMaker Capital Funding, LLC, a private equity firm specializing in healthcare and healthcare technology. The company has its own fund and often acts as a lead investor while connecting family funds and high net worth individuals to targeted investment opportunities. His experience extends across the healthcare spectrum and includes building proprietary software, risk adjustment, health plan administration, government programs, electronic health records and network development. He has a track record of helping companies achieve significantly higher valuations within compressed timeframes. JS is the President of the Employee Benefits Division at Thomas Financial. A 15-year veteran of the health insurance field, he is widely recognized in the industry as a consumer driven healthcare and benefits technology expert. After moving to Florida in 2008 JS founded Nexgen Benefits, which he later sold in 2011. From there he changed his focus to health insurance technology development. In 2013, JS started Clickmyquote, LLC, a consumer health insurance exchange where he served as CEO. In 2017 he joined Thomas Financial, where his primary role is to educate employers and assist them in creating better benefits strategies using the newest technology and plans available on the market.

  16. TOMMY SIMON DAVE CHITESTER Board Member Board Member Tommy is a CEO, entrepreneur, investor, growth strategist, and sales consultant with a strong financial and technology background. He has founded and successfully sold consulting companies and product companies. He is currently President and COO of Care Analytics, a company that provides a comprehensive set of HIPAA-compliant, HITRUST certified healthcare information technology solutions. In his role he manages the day-to-day operations of all aspects of the business. He is responsible to the board for delivering revenue, growth and profit numbers while ensuring client satisfaction and service delivery. David is the founder of the Tampa investment firm Florida Funders, the first online platform in Florida to use equity crowdfunding to invest in startups. He is also the founder and CEO of another startup investment company, Seedfunders, which is focused on identifying pre-revenue technical concepts and supplying mentoring and funding to assist the founders in bringing their concept to market. Previously, David has started several companies from scratch and has had a number of successful exits including Chitester Management, which he sold to Hill International, a public company headquartered in Philadelphia, and RedVector which he sold to a group headed by Tampa VC firm, Stonehenge.

  17. Recent Accomplishments • Stop-loss insurance carrier identified • Reference Based Pricing network contracted • Licensed TPA contracted • Enrolling the first employer groups

  18. Current Round $750,000 to: Launch the product Start brand buildingTest direct and indirect sales Enroll early customersBuild recurring revenue

  19. Pro-Forma

  20. Email: info@benebay.comPhone: 813 454 3314

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