Avi Ben-Hutta
Editor at Coverager
AXA Maestro Health

AXA Acquires Maestro Health for $155M

Employee health and benefits company Maestro Health announced it is joining forces with AXA Group in a $155 million deal “to transform the US healthcare market by simplifying and personalizing how people shop, enroll and live with their health benefits.” Maestro Health will maintain its identity, mission and team, while operating as a wholly-owned subsidiary of AXA .

 

This is Maestro:

 

The Chicago-based company, established in 2013 by Rob Butler, has picked up $53M since inception. It offers an all-in benefits platform called maestroEDGE to simplify, personalize and optimize how people shop, enroll and live with their benefits.  Maestro works with leading employers of all sizes, in addition to brokers and insurance carriers. According to LinkedIn, it employs over 200 peeps.

 

 

With AXA, Maestro Health customers will see enhancements in their experience and access to leading product offerings. Additionally, Maestro Health will continue to focus on delivering new and improved solutions and services to the market, designed to further reduce healthcare costs and improve engagement for constituents across the entire continuum of care. “Not only is this the optimal step into the next phase of Maestro Health’s history, it’s also the ideal partnership to reinforce our all-in, continuum of care model – and ultimately transform healthcare as we know it today. It was critical for us to maintain our culture, brand and innovative identity, yet find a true partner with the unique combination of AXA’s scale, like-mindedness and industry prowess – a synergy that can appeal to all of our current customers and channel partners” – Rob Butler.

 

The news follows AXA’s partnership with Oscar, the NYC-based hippie health insurer with ties to Trump.

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