Curative

Curative is a direct-to-employer health insurance carrier headquartered in Austin, Texas, offering fully-insured and self-funded group health plans in Texas, Florida, and Georgia. Founded in 2020 by Fred Turner, Isaac Turner, and Vlad Slepnev, the company initially operated as a COVID-19 diagnostic testing provider before pivoting in 2022-2023 to develop a next-generation employer health plan. It acquired American Country Insurance Company from Buckle Corp in June 2023 -- renamed Curative Insurance Company of Illinois -- to establish licensed carrier operations and support multi-state expansion.

The centerpiece of Curative's model is a zero-cost-sharing plan structure: members pay no copays, no deductibles, and no coinsurance for in-network care, provided they complete an annual preventative health visit (the Baseline Visit) within 120 days of enrollment. Available to employers with 51 or more employees, the plan covers a network of over 1 million providers nationwide and extends the no-cost model to virtual care via Curative Telehealth (launched May 2025) and behavioral health through a partnership with Two Chairs (announced May 2025). Technology plays a central role in member experience: an AI-powered platform manages benefit navigation, real-time benefit tracking, digital member cards, and provider search. The Curative Cash Card enables instant provider payment at point of care, eliminating surprise bills.

Curative holds an AM Best Financial Strength Rating of A- and has achieved HITRUST r2 certification. The company serves more than 1,200 employer clients and 165,000 members as of December 2025, and projects USD 570M in revenue in 2026 -- its anticipated first profitable year following the pandemic wind-down. In December 2025, Curative raised a USD 150M Series B round at a USD 1.275B valuation, with backing from Upside Vision Fund, JAM Fund (Justin Mateen), Galaxy Digital (Mike Novogratz), Duquesne Family Office (Stanley Druckenmiller), DCVC, and Martin Varsavsky.